273 Costa Mesa Street A, Costa Mesa, CA 92627

$1,600,000
List Price
$1,600,000
Status
ACTIVE
MLS#
PW21124064
Year Built
1956
Lot Size
8,276
Acres
0.19
Lot Location
Item25UnitsAcre
Days on Market
6
Property Type
Multifamily
Stories
One Level
Neighborhood
Other (Othr)

Property Description

We are pleased to present 273 Costa Mesa Street, a 3-unit investment opportunity, located in the heart of the vibrant Eastside Costa Mesa submarket. The property has never before been listed for sale and is being offered by the original builder's family. All three units are single story with a private patio or enclosed yard. The 2-Bedroom/1-Bathroom cottage, located at the back of the property, is detached and could fit nicely as an owner’s unit. The duplex units are ready for your investment to rehab and take rents to a market rate. This is a truly generational opportunity to acquire and add value to a property in one of Orange County's best neighborhoods. The Seller may consider carrying the First Trust Deed financing for a qualified Buyer. Please contact Listing Agents to discuss.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Number Of Units Total
3
Gross Scheduled Income
$48,804
Operating Expense
25503

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nick Gould from Morgan Skenderian

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.