$1,682,500
$1,695,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/11/2018
Key Details
Sold Price $1,682,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC18034679
Sold Date 04/11/18
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1966
Property Description
GREAT LOCATION IN POPULAR "SPICE STREET TRACK" IN COSTA MESA. This is a turn-key corner property with approx 4,614 sq ft and is very light and bright with lots of parking. Property is highly upgraded with over $60,000 spent in remodeling the front three-bedroom unit alone which looks like a model home and has a large yard with patio cover and separate washer dryer hook-ups on the patio. All kitchens have been recently upgraded with granite counter-tops and stainless steel appliances and include stainless steel refrigerators which are included in the purchase price. There are ceiling fans in all living rooms bedrooms and dining areas. Popcorn ceilings in all units have been removed. The outside metal stair railings have been replaced with "up to code" railings for safety. All newer roll-up garage doors with automatic openers. All showers have been recently completely upgraded with new ceramic tiles and decorator shower doors. The roof was replaced about six years ago. All tenants are long-term and are at very good rent levels...still with room for improvement to increase cash flow. Tenant deposits are 2,500, 1,650, 1,575 and 1,720. This one won't last long. So, hurry with your qualified 4-Plex Buyers.
Location
State CA
County Orange
Area C1 - Mesa Verde
Zoning R3
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Ceiling Fan(s), Crown Molding, Granite Counters, Unfurnished
Laundry Location Common Area
Heating Central
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater
Laundry Common Area
Exterior
Exterior Feature Rain Gutters
Garage Asphalt, Garage, On Street
Garage Spaces 5.0
Garage Description 5.0
Fence Good Condition
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
View Y/N Yes
View Neighborhood
Roof Type Asphalt
Parking Type Asphalt, Garage, On Street
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Sprinklers In Front, Lawn, Landscaped, Near Public Transit, Paved, Rectangular Lot, Sprinklers Timer, Sprinklers On Side
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer, Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 13949502
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 720.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Edison Cook • Surterre Properties 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