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365 Ralcam Place

Costa Mesa, CA 92627 View Map $1,120,000 Ask a Question
Sq.Ft. Lot7,405
Year1950
365 Ralcam Place Costa Mesa, CA 92627 | MLS NP21118866 Photo 1
365 Ralcam Place Costa Mesa, CA 92627 | MLS NP21118866 Map
Chris Maddy

Chris Maddy

(949) 294-5408
DRE No.: 01946797

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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:NP21118866
Date Sold:8/25/2021
Lot Size:7,405 Sq. Ft.
County:Orange

Listing Agent/Office

Agent:Michael Brinkman
Office:Coastline Realty
This charming distinctive duplex is perfect for so many uses - keep as an investment, live in front and collect income from the second unit, or as a family compound. This upgraded property is well located on a quiet cul de sac in Westside Costa Mesa with easy access to all amenities, restaurants and freeway access. It has been well maintained throughout. The front home has granite counters, stainless steel appliances and a step down living area with fireplace and laminate wood flooring Bathrooms have travertine counters and tile/stone flooring. There are French doors in living room and master bedroom that lead to the covered patio area. The well landscaped exterior has ample room, complete with built in bbq area with sink, patio cover and bar area, perfect for entertaining. The 1 bedroom upper unit has travertine floors in the living room, granite counters in the kitchen and ceiling fans. Each unit has its own laundry. A gated driveway leads to the rear 2 car garage with additional storage sheds and storage room. Excellent long term residents with rooms to improve rents. 365 Ralcam #A, resident in process of moving - opportunity to owner occupy or achieve market rent.

Detailed Maps

Community Information

Address:365 Ralcam Place Costa Mesa, CA 92627
Area:C4 - Central Costa Mesa
County:Orange
City:Costa Mesa
Subdivision:Other (Othr)
Zip Code:92627

Architecture

Year Built:1950
Number of Buildings: 2
Total Units: 2
Unit 1: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,925 actual rent•$2,925 total rent•$3,250 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,800 actual rent•$1,800 total rent•$2,100 pro forma
Roof: Tile
Garage Spaces: 2.0
Parking Features: Driveway, Garage
Open Parking Spaces: 2.0
Parking Total: 4.0

Features / Amenities

Laundry: Inside
Common Walls: No Common Walls

Property Features

Lot Size: 0.17 Acres / 7,405 Sq. Ft.
Lot Features: Item25UnitsAcre
Sewer: Public Sewer
Water: Public
Directions:Xstreet Thurin

Tax and Financial Info

Buyer Financing: Cash
Gross Income: $56,700
Gross Scheduled Income: $56,700
Net Operating Income: $38,377
Fuel Expense: $624
Gardener Expense: $2,200
New Taxes Expense: $13,912
Water/Sewer Expense: $1,496
Operating Expense: $18,232
Terms: Cash, CashtoNewLoan, Item1031Exchange
Land Lease:

Schools

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Listing agent / office Michael Brinkman, Coastline Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of October 2, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.