Costa Mesa, CA 92626,1012 & 1018 Mission DR
Costa Mesa, CA 92626,1012 & 1018 Mission DR
Costa Mesa, CA 92626,1012 & 1018 Mission DR
Costa Mesa, CA 92626,1012 & 1018 Mission DR
Costa Mesa, CA 92626,1012 & 1018 Mission DR
Costa Mesa, CA 92626,1012 & 1018 Mission DR
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$3,800,000

$4,450,000

14.6%
Est.Price: ?

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Est. payment /mo

0.33 Acres Lot


SOLD DATE : 10/03/2024

Key Details

Sold Price $3,800,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NP24059586

Sold Date 10/03/24

HOA Y/N No

Year Built 1964

Lot Size 0.333 Acres

Property Description

Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably,
the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents.

Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Garage, Off Street, Private

Garage Spaces 8.0

Garage Description 8.0

Fence Block

Pool None

Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 14

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 14166208

Energy Description 4200.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nick Gould • Gould Group Inc • ng@gouldgroupinc.com
Bought with Nick Gould • Gould Group Inc
agent-avatar

"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

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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