$1,695,000
$1,695,000
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3,802 SqFt
SOLD DATE : 08/26/2021
Key Details
Sold Price $1,695,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,802 sqft
Price per Sqft $445
Subdivision Costa Mesa Residential Income (Cmri)
MLS Listing ID NP21132033
Sold Date 08/26/21
HOA Y/N No
Year Built 1961
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Rare opportunity to acquire a well maintained, single-level triplex in a uniquely quiet Costa Mesa location. Conveniently located with easy access to shopping, restaurants, beaches and entertainment. Much of the area has been redeveloped and tenant demand remains very strong due to the location. The property consists of two, 2 bedroom 1 bath units recently updated and a 3 bedroom 2 bath unit with an inviting, large front patio. Each unit has outdoor space and storage area. Ample parking includes a 2 car garage with 2 covered carport spaces plus an additional parking space and street-parking. A separate laundry room affords additional potential income. Current rents are below market value and tenants are on month/month terms. A great opportunity for an investor to add value and increase rents.
Location
State CA
County Orange
Area C4 - Central Costa Mesa
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Gutter(s)
Total Parking Spaces 5
Private Pool No
Building
Lot Description Landscaped
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 41920102
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER