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Costa Mesa, CA 92627,2280 Pamela LN
Costa Mesa, CA 92627,2280 Pamela LN
Costa Mesa, CA 92627,2280 Pamela LN
$1,550,000
Est. payment /mo
$1,629,000
4.8%
Est.Price: ?

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6 Beds
5 Baths
2,576 SqFt
SOLD DATE : 10/01/2024

Key Details

Sold Price $1,550,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $601

MLS Listing ID 24404525

Bedrooms 6

Year Built 1972

Lot Size 7,021 Sqft

Property Description

Welcome to 2280 Pamela Lane, an exceptional coastal Orange County tri-plex. This property is conveniently located in the heart of the Newport-Mesa area with easy access to the world-class beaches of Newport and Huntington Beach, both just minutes away. This multi-family is also in close proximity to local schools, shopping, retail, top tier dining and entertainment options, as well as amazing parks with miles of bike and hiking trails. Located on a large 7,022 sq ft. corner lot with swaying palms and mature landscaping, this property gives off the vibe of a Hawaiian vacation home. It features an excellent unit mix of 3 spacious units. The front unit has #A) 3 bedrooms and 2 baths, with a large private patio and living room fireplace. Unit #B) 1 bedroom and 1 bath with an enclosed patio. Unit #C) 2 bedrooms and 2 baths with enclosed patio, and beamed vaulted ceilings. Each unit has a separate one car garage for storage or parking. There is also off-street parking for an additional 3-4 cars. The current long-term tenants are all on month-to-month leases renting at below market rates. The value-add opportunity is in renovating the units and bringing rents up to market rates. Strategic improvements would add significant value to this income property in this rapidly appreciating Costa Mesa submarket.

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Zoning R 2

Interior

Heating Combination

Cooling None

Fireplaces Type Living Room

Laundry Common Area

Exterior

Parking Features Assigned, Door-Multi, Garage, Private

Garage Spaces 3.0

Garage Description 3.0

Building

Lot Description Landscaped

Story 2

New Construction No

Schools

School District Newport Mesa Unified

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristian Gray • Keller Williams Beverly Hills
Bought with Drew Teicheira • Harcourts Place
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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