$2,300,000
$2,300,000
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0.35 Acres Lot
SOLD DATE : 11/06/2024
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24144867
Sold Date 11/06/24
HOA Y/N No
Year Built 1959
Lot Size 0.350 Acres
Property Description
2232 - 2234 Pacific Avenue is a 4-unit multifamily investment property located in Costa Mesa, California. The property offers highly desirable features including single-story construction, garage & surface parking, & private patios or yards. Additionally, the property includes exclusively spacious two-bedroom / one-bathroom units averaging approximately 952 square feet. Residents benefit from 2232 - 2234 Pacific Avenue’s excellent Costa Mesa location, in close proximity of a plethora of parks, trails, and schools. Resident’s enjoy convenient walkable access to Talbert Regional Park, Fairview Park, the Santa Ana River Trail, Victoria Elementary School and Estancia High School. Additionally, the property is situated less than 2.5-miles from Orange Coast College (OCC) and the O.C. Fair & Event Center, two major housing and economic drivers for the area. Furthermore, the property’s location, on the border of Costa Mesa & Huntington Beach, provides residents with easy access to area hotspots including Triangle Square, 17th Street, Pacific City, and South Coast Plaza. Given its Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 2232 - 2234 Pacific Avenue.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 42207110
Energy Description 520.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Debra Shen • Triple-Eight 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