$1,650,000
$1,745,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
2,549 SqFt
SOLD DATE : 09/14/2018
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,549 sqft
Price per Sqft $647
Subdivision Other (Othr)
MLS Listing ID LG18045772
Sold Date 09/14/18
Construction Status Turnkey
HOA Y/N No
Year Built 1961
Lot Size 9,726 Sqft
Acres 0.2233
Lot Dimensions Public Records
Property Description
Highest cap rate on the market in Costa Mesa. Newly remodeled and cash flowing with great tenants. Lives like three separate homes with a stand alone front unit and only the garages of the back two units sharing a wall. The front home has a detached two car garage and the back units have attached one car garages. Every detail was meticulously considered for easy and low cost maintenance including faux-wood tile flooring throughout, drought tolerant landscaping, and modern finishes to attract responsible and sophisticated tenants. Along with the beautiful new flooring, the units received all wood grey shaker cabinets, quartz countertops, stainless steel appliances including refrigerators, laundry equipment, exterior doors and windows, interior doors, casing and baseboard, mirrored closet doors, grey subway tiled showers, water saving plumbing fixtures, LED electrical fixtures, paint inside and outside, and much more love and care. All units have their own spacious and private outdoor spaces, interior laundry, garages, and are all metered separately for gas and electricity. The location is conveniently located near Triangle Square, hip new restaurants and amenities, and just a short drive to the 55 freeway, Harbor blvd, and Newport Blvd.
*DO NOT DISTURB TENANTS*
Location
State CA
County Orange
Area C4 - Central Costa Mesa
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Wall Furnace
Flooring Tile
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water To Refrigerator, Water Heater, Dryer, Washer
Laundry Inside
Exterior
Garage Assigned, Asphalt, Garage, Garage Door Opener
Garage Spaces 4.0
Garage Description 4.0
Fence Wood
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Roof Type Composition
Parking Type Assigned, Asphalt, Garage, Garage Door Opener
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 41918110
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Walter Mitchell • Newport Harbor Homes Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner