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Key Details
Sold Price $3,820,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP24001121
Sold Date 04/11/24
Bedrooms 8
HOA Y/N No
Lot Size 0.583 Acres
Property Description
Welcome to 266-276 E. 20th Street in the heart of Costa Mesa's premier Eastside. The side-by-side triplexes sit on two parcels totaling over 25,000 sq.ft. of land on a primarily residential street surrounded by multimillion-dollar homes. All six (6) apartments are single-story, 2-Bedroom/1-Bathroom units, with washer/dryer hookups, private yards, and ample parking including garages and off-street spaces. The seller has completely renovated 5 of the 6 units over the last several years. This is a rare opportunity to own a Turn-Key apartment building where tenants can live in what feels like a Single Family Residence. The property is located just 3 blocks from E. 17th Street shopping and dining, within walking distance to the Upper Newport Back Bay, and surrounded by some of the best public schools in the country. Tenants are also offered easy access to 55 Freeway connecting them to all of Southern California.
Welcome to 266-276 E. 20th Street in the heart of Costa Mesa's premier Eastside. The side-by-side triplexes sit on two parcels totaling over 25,000 sq.ft. of land on a primarily residential street surrounded by multimillion-dollar homes. All six (6) apartments are single-story, 2-Bedroom/1-Bathroom units, with washer/dryer hookups, private yards, and ample parking including garages and off-street spaces. The seller has completely renovated 5 of the 6 units over the last several years. This is a rare opportunity to own a Turn-Key apartment building where tenants can live in what feels like a Single Family Residence. The property is located just 3 blocks from E. 17th Street shopping and dining, within walking distance to the Upper Newport Back Bay, and surrounded by some of the best public schools in the country. Tenants are also offered easy access to 55 Freeway connecting them to all of Southern California.
Location
State CA
County Orange
Area Oc - Costa Mesa (92627)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $186
Acceptable Financing Cash, Conventional
Space Rent $3,350
Listing Terms Cash, Conventional
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Nick Gould • Gould Group Inc