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2196 American Ave, Costa Mesa, CA 92627

1,745 sqft
Sold: $450,000
Sold on 08/29/11
Zestimate®: $757,301
Est. Mortgage:

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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

Standard Sale. Get an FHA loan with only $16,782 (3.5%) down payment for owner occupant. Or...get a Conventional loan with 10% down for owner occ. This is an excellent property for an owner to occupy one unit and rent out the other. Also, a great investment property with 25% down. Rents are low. Market rents are 1,400 to 1,450 on each unit. Both units have exceptionally large rear yards and each has a 1 car garage. Located a nice street approx 3 miles form the beach. Hurry on this hard to find duplex priced to sell. New cooktops in both units. Each unit has a washer dryer hook-up in the kitchen and separate wate heaters. Long term tenant in unit A (over 13 years. forced air heat in each unit. Both leases are month to month.Newer roll up garage doors. Raise rents to $1450 each for a total of $34,800 per year or 13.78 x gross. This one is a winner!!!  MoreLess
 
Facts
  • Lot: 8,055 sqft
  • Multi Family
  • Built in 1962
  • Last sold: Aug 2011 for $450,000
  • Price/sqft: $258
Features
  • Parking: Garage - Attached
    Construction
    • Unit count: 2
    Other
    • Floor size: 1,745 sqft
    • Parcel #: 42208201
    • Zillow Home ID: 25462064
    Home Values
    Add owner estimate
    Zestimate What's this?
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $757,301
    -$13,613 Last 30 daysd
    $719K
    $795K
    Zestimate range
    Rent Zestimate What's this?
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,753/mo
    +$54 Last 30 daysd
    $2.1K
    $3.9K
    Zestimate range

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    Neighborhood for 2196 American Avenue

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    Zillow predicts 92627 home values will increase 9.6% next year, compared to a 9.1% increase for Costa Mesa as a whole. Among 92627 homes, this home is valued 14% more than the midpoint (median) home, but is valued 48.6% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 92627, the number of foreclosures waiting to be sold is 68.8% greater than in Costa Mesa, and 64.9% less than the national average. This higher local number may prevent 92627 home values from rising as quickly as other regions in Costa Mesa.

    Learn more about forecast calculations or 92627 home values.
      MoreLess
     
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      Nearby Schools in Costa Mesa

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      Contact a local agent

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      About these agents
      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
      Close
      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

      Learn how to appear as the agent above

      Close
      Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

      Email successfully sent!Submission failed!

      Next: Find out what you can afford on Zillow Mortgage Marketplace.

      Get Pre-Approved

      Next: Get Pre-Approved

      A Zillow Confirmed Lender will call you.

      Contact me

      Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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