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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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Bought with Sammer Mudawar • The Brokeredge