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3099 Ginger Avenue, Costa Mesa, CA 92626
9
beds
8
baths
4966
ft2
· 8276
ft2 lot
$1,865,000
$376 / ft2
Listing provided courtesy of Ski Skawinski, First Team Real Estate.
Source CRMLS.
A truly rare opportunity to own a beautiful Covington style 4plex on a street full of pride-of-ownership properties in Mesa Verde’s highly coveted ‘Spice Streets’ area. This well maintained building is conveniently located in Costa Mesa close to shopping, restaurants, John Wayne Airport, Orange Coast College, golf courses, Orange County Fairgrounds, and Newport’s great beaches as well as the neighborhood Smallwood Park one block away. All this comes with easy access to the 405, 73 and 55 freeways. This is a great owner occupant or investment opportunity! All tenants enjoy large units. The front unit is a large 3 Bedroom 2 bath house with a fireplace, inside laundry and spacious outside patio’s. The rear 3 units are all 2 bedroom 2 bath units. All units have Central Forced Air Heating. Units B & C have been remodeled with an open concept design. The building comes with an onsite coin operated community laundry. The units come all separately metered for both gas and electric. There’s plenty of parking, 5 garages and 2 additional assigned spots for a total of 7 car parking along with wide paved alley in the rear of the property. Hurry. Don’t miss out on this rare opportunity, this one won't last long.
HOA
$0/month
On market
2 months
Year built
1969
Property type
Multi-Family
Parking
7
MLS
NP21020378
Price / Sq.Ft.
$376 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Community, In Kitchen, Individual Room, See Remarks
•   
Appliances: Gas Oven, Gas Range, Gas Cooktop
•   
Has Appliances
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property
•   
Interior Features: Ceiling Fan(s), Recessed Lighting, Stone Counters
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Kitchen, Living Room
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Living Room, Gas, See Remarks
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central, Forced Air
Flooring
•   
Flooring: Carpet, Tile, Vinyl
Interior Size
•   
Building Area Total: 4966.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage Faces Rear
•   
Garage Spaces: 5.00
•   
Uncovered Spaces: 2.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 1
•   
Total Units: 4
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Flat, Spanish Tile
•   
Foundation Details: Slab
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Public Records
•   
Construction Materials: Stucco
Lot Info
•   
Lot Features: Lot 6500-9999
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1900
•   
Lot Size Area: 8276.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Fencing: Block, Vinyl
•   
Common Walls: 1 Common Wall
•   
Exterior Features: Barbecue Private
Exterior Features
•   
Direction Faces: East
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 3768.00
•   
Licenses Expense: 89.00
•   
Pest Control Expense: 1231.00
•   
Cap Rate: 3.00
•   
Total Actual Rent: 6800.00
•   
Trash Expense: 1410.00
•   
New Taxes Expense: 22000.00
•   
Insurance Expense: 3000.00
•   
Professional Management Expense: 5677.00
•   
Total Expenses: 21000.00
•   
Gross Scheduled Income: 81600.00
•   
Operating Expense: 21000.00
•   
Gardener Expense: 2348.00
Tax/Assessment Info
•   
Gross Income: 81600.00
•   
Tax Year: 2020
•   
Taxes: 12777.0
Lease Info
•   
Net Operating Income: 60600.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 276.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1625.00
•   
Unit 3 Total Units: 1
•   
Has Attached Garage
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 19500.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2050.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 24600.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1625.00
•   
Unit 1 Total Rent: 19500.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1500.00
•   
Unit 4 Total Units: 1
•   
Has Attached Garage
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 18000.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 4
•   
Number With Dishwasher: 4
•   
Number Of Units Leased: 4
•   
Number With Carpet: 4
•   
Number With Range: 3
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Mesa Verde Residential Income (MVRI)
•   
Subdivision: Mesa Verde Residential Income (MVRI)
•   
Community Features: Curbs, Golf, Park, Sidewalks, Street Lights, Suburban
School Info
•   
Directions: From Harbor Blvd head West on Nutmeg Pl, RT on Mace Ave, Lft on Wintergreen Pl, Rt on Ginger Ave
Other
Calculation
•   
Dom: 65
•   
Cdom: 65
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 1:21am
Neighborhood snapshot
46
Properties for sale
6
Median days on market
$485.83
Median sold price/sqft
100.51%
Sold/List %
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Property History
04/07/2021
04/07/2021
CRMLS #NP21020378
active
CRMLS #NP21020378
$1,865,000
--6.52%
02/01/2021
02/01/2021
CRMLS #NP21020378
active
CRMLS #NP21020378
$1,995,000
+268.42%
12/30/2008
12/30/2008
Public Record
sold
Public Record
$541,500
+298.16%
02/16/1993
02/16/1993
Public Record
sold
Public Record
$136,000
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