$1,650,000
●
House -
Off Market
454 Lenwood Circle
Costa Mesa, CA 92627
3 Beds
2 Baths
1,627 Ft²
$2,411,934
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Beautifully updated single-level, 3 Bed 2 Bath, 2 Car Garage home
on an oversized corner lot entering a cul-de-sac in desirable East
Side Costa Mesa. Beyond the white picket fence sits a
freshly-painted, remodeled home with AC that still maintains its
classic nature with maple hardwood flooring, living room fireplace,
French doors, dining room, Pella windows, crown molding, coffered
ceilings, and new sewer and electrical systems throughout.
Chef-friendly kitchen includes custom-finished solid poplar
cabinetry, granite countertops with tumbled tile backsplash,
built-in SubZero refrigerator, SubZero wine refrigerator, a Wolf
range, and water filtration system. Both baths are extensively
upgraded, and 3 bedrooms include a luxurious master suite with
walk-in closet, jetted spa tub, marble tile and custom cabinetry.
New built-in BBQ and turf in a spacious back yard makes it easy to
entertain or play. Walking distance to Westcliff Plaza and
all the great coffee houses, restaurants, and shopping 17th Street
has to offer, and just a short bike ride to the beach. Located in
the Newport Mesa School District.
Unit Size
1,627 Ft²
Days on Market
13 days
Land Size
0.14 acres
Price per sqft
$1,014
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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 #NP19278298)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2019 | Sold | ||
| Sold | |||
| Dec 11, 2019 | Listed by The Address, Inc | $1,649,000 | |
| Listed by The Address, Inc | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Steven Bud Mastropaolo, The Address, Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19278298
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19278298
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