$2,980,000
$2,999,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 04/30/2021
Key Details
Sold Price $2,980,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC21044571
Sold Date 04/30/21
HOA Y/N No
Year Built 1959
Lot Size 0.280 Acres
Acres 0.28
Property Description
Great 8 unit complex on 2 lots 574 and 578 Joann Street. This is a turnkey pair of 4 plexes with gated courtyard in the middle and is in a Fabulous location right next to Costa Mesa Golf course. Near by shopping, restaurants and schools. All 8 units are totally remodeled, 7 units just a few years ago and 1 unit just completed. The Roof and exterior paint are new with in the last few years too. The units are all rented at 1800 except one at 1850. Very easy to rent, vacancy has never been a problem here. Rents could be raised to get higher return. You also could do 2 separate loans because each 4 plex has its own APN #.
Location
State CA
County Orange
Area C2 - Southwest Costa Mesa
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Assigned
Pool None
Community Features Curbs, Golf, Sidewalks, Gated
View Y/N Yes
View City Lights, Golf Course
Parking Type Assigned
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42216304
Security Features Gated Community
Energy Description 840.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Aneeta Kumar • Keller Williams Realty
"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