$1,700,000
$1,785,500
4.8%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 12/13/2023
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Costa Mesa Residential Income (Cmri)
MLS Listing ID OC23063004
Sold Date 12/13/23
Construction Status Fixer
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,808
Lot Size 6,534 Sqft
Lot Dimensions Assessor
Property Description
Notice to all interested parties. Property under contract subject to court confirmation, and overbid. PETITION FOR CONFIRMATION OF SALE OF REAL PROPERTY Hearing scheduled for 9:00AM, October 31, 2023, in Department CM08 of the Superior Court of California, County of Orange, Costa Mesa Justice Complex. Case # 30-2019-01064803-PR-TR
Property under contract with buyer for $1,700,000. Minimum overbid is $1,785,500. Judge will set the successive incremental overbid amounts.
Buyers wishing to participate in overbidding must come to court prepared with proof of funds to purchase, dated no more than 30 days, and be prepared to close escrow in 10 days after receipt of order confirming sale. No interior access will be available, and buyer accepts property in current as-is condition, with all four apartments being tenant occupied by long term tenants on month to month tenancies.
Diamond in the rough 4 unit apartment building in desirable Costa Mesa location nestled in the heart of Orange County. This building is unique in it's configuration of apartments, and would be ideal for an owner to live in the comfortable 2 level townhouse style 3 bedroom unit of over 1600 sq.ft, with a huge common courtyard. The neighboring unit is a large 2 story 2 bedroom townhouse style unit that is over 1200 sq.ft. Nobody above or below each of these units, with the other two units, a 1 bedroom and a studio perched above the rare 6 car garage, plus one off street parking spot. This building sits in the middle of a tree lined block, with gated courtyard entry from both the front, as well as from the alley that services the garages in the back.
As you'll note, there is deferred maintenance, and this will be an as-is sale, subject to court approval, and overbid in court.
Location
State CA
County Orange
Area C3 - South Coast Metro
Interior
Interior Features Block Walls
Heating See Remarks
Cooling None
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Water Heater
Laundry See Remarks
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 6.0
Garage Description 6.0
Fence Block, Wood
Pool None
Community Features Gutter(s)
Utilities Available See Remarks
Waterfront Description Ocean Side Of Freeway
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description Lawn, Street Level, Yard
Faces North
Story 2
Entry Level Two
Foundation Concrete Perimeter
Sewer Public Sewer, Sewer Assessment(s)
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 14166431
Energy Description 803.0
Acceptable Financing Cash, Cash to New Loan, Court Approval
Listing Terms Cash, Cash to New Loan, Court Approval
Financing Cash
Special Listing Condition Third Party Approval, Probate Listing, Trust
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