Costa Mesa, CA 92626,3038 Coolidge Avenue
$1,250,000
Est. payment /mo
$1,250,000
Est.Price: ?

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6 Beds
6 Baths
6,098 Sqft Lot
SOLD DATE : 12/09/2021

Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NP21229076

Sold Date 12/09/21

Bedrooms 6

HOA Y/N No

Lot Size 6,098 Sqft

Property Description

Amazing opportunity to own 3 units in an absolute prime location of Costa Mesa! Just 100 yards from Paularino elementary school, 3/4 mile from South Coast Plaza, 2 miles from John Wayne airport and close to Orange Coast College, the 405 / 73 / and 55 freeways as well as the beach. The spacious 3166 sq ft property consists of a front single story 2 bedroom/ 1 bath unit and two - 2 bedroom / 1.5 bath two story townhouse style units each with its own patio, garag, extra parking space and each unit has its own interior laundry. The current rents are $2,275, $1,925 and $1,800 for a total gross income of $72,000 annual with room for upside in rents. Expenses are actual. Property is fully occupied so please drive by only, do not walk the property or contact any tenants. Interior inspection with accepted offer. There is another similar triplex at 3041 Fillmore owned by same owner so possible 6 units. Well priced but warrants some improvement!
Amazing opportunity to own 3 units in an absolute prime location of Costa Mesa! Just 100 yards from Paularino elementary school, 3/4 mile from South Coast Plaza, 2 miles from John Wayne airport and close to Orange Coast College, the 405 / 73 / and 55 freeways as well as the beach. The spacious 3166 sq ft property consists of a front single story 2 bedroom/ 1 bath unit and two - 2 bedroom / 1.5 bath two story townhouse style units each with its own patio, garag, extra parking space and each unit has its own interior laundry. The current rents are $2,275, $1,925 and $1,800 for a total gross income of $72,000 annual with room for upside in rents. Expenses are actual. Property is fully occupied so please drive by only, do not walk the property or contact any tenants. Interior inspection with accepted offer. There is another similar triplex at 3041 Fillmore owned by same owner so possible 6 units. Well priced but warrants some improvement!

Location

State CA

County Orange

Area Oc - Costa Mesa (92626)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $2,275

Listing Terms Cash, Conventional, Exchange

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by David Sanford • Newport Apartment Group
Bought with Sammer Mudawar • The Brokeredge
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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