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Key Details
Sold Price $2,037,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Costa Mesa Residential Income (Cmri)
MLS Listing ID NP24220536
Year Built 1964
Lot Size 6,969 Sqft
Property Description
HUGE COSTA MESA 4PLEX JUST OVER 4,700 SQUARE FEET - 1,175 SQFT PER UNIT! (4) 2 BEDROOM + 1.5 BATH TOWNHOME STYLE UNITS WITH PRIVATE PATIOS, PERSONAL GARDENS, AND NO TENANTS LIVING ABOVE OR BELOW EACH OTHER. THE ENTIRE BUILDING WAS RECENTLY REPIPED, NEW WINDOWS AND SLIDING GLASS DOORS. 4 GARAGES PLUS 3 ADDITIONAL SPACES FOR PARKING, SELLER OWNS THE WASHER AND DRYER, PROVIDING ADDITIONAL INCOME. RENTS ARE 23% BELOW MARKET VALUE, PRIMED FOR A SEASONED INVESTOR TO COME IN AND CAPTURE THIS BUILDING'S UPSIDE. GREAT COSTA MESA LOCATION NEAR SOUTH COAST PLAZA, METRO POINT, OC FAIRGROUNDS, ORANGE COAST COLLEGE, AND EASY FREEWAY ACCESS TO THE 405, 73, AND 55 FREEWAY. HIGH RENTAL DEMAND YEAR ROUND!
Location
State CA
County Orange
Area C3 - South Coast Metro
Interior
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Ramsey Oliveras • RE/MAX Estate Properties