1
Map
$760,000
●
Land -
Off Market
2156 Myran Drive
Costa Mesa, CA 92627
Studio
0 Bath
$1,189,278
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
2154 & 2156 Myran Dr is a unique development/investment opportunity
approved by the Costa Mesa Planning Commission on 2/8/16 for the
construction of two new homes. Construction drawings are currently
in for approval, which means demolition and building can begin
soon.
The total lot size is 10,296 sqft and zoning is R2-MD. Build two detached, luxury single-family residential homes - each is 2 stories with 3036 sqft of livable space, 3 bedrooms/3.5 baths (the upstairs family room could easily be a 4th bedroom) and an oversized 2 car garage with parking for additional cars outside. The new homes feature high ceilings, open space and a thoughtful floorplan ready to be finished in your designer touches. Additionally, there's plenty of outdoor space - each sits on a 5,148 sqft fee simple lot.
There are several exit strategies/opportunities for the prudent investor: live in one and sell the other, live in one and rent the other, rent or sell both.
This prime location is near the new construction revival going on in Westside Costa Mesa. These homes will enjoy close proximity to freeways and the fine shopping, dining and entertainment that Costa Mesa offers.
Floorplan, tract map, rendering and more are available.
The total lot size is 10,296 sqft and zoning is R2-MD. Build two detached, luxury single-family residential homes - each is 2 stories with 3036 sqft of livable space, 3 bedrooms/3.5 baths (the upstairs family room could easily be a 4th bedroom) and an oversized 2 car garage with parking for additional cars outside. The new homes feature high ceilings, open space and a thoughtful floorplan ready to be finished in your designer touches. Additionally, there's plenty of outdoor space - each sits on a 5,148 sqft fee simple lot.
There are several exit strategies/opportunities for the prudent investor: live in one and sell the other, live in one and rent the other, rent or sell both.
This prime location is near the new construction revival going on in Westside Costa Mesa. These homes will enjoy close proximity to freeways and the fine shopping, dining and entertainment that Costa Mesa offers.
Floorplan, tract map, rendering and more are available.
Unit Size
-
Days on Market
22 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1947
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #PW18070535)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2018 | Sold | ||
| Sold | |||
| Mar 29, 2018 | Listed by Coldwell Banker Res. Brokerage | $775,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christian Walsh, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18070535
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18070535
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017