Price $2,350,000
Status Active
Beds 0
Baths 0 bath
Home size 4,442 sq ft
Lot Size 7,004 sqft
Days on Market 6
Brand New Construction! Completed in 2018. Two separate large homes on one lot. One home is 4 Bed/3.5 Bath, approx 2393 SF, renting for $5,395/mo. The 2nd home is 3 Bed/2.5 Bath, approx 2049 SF, asking rent $4,600/mo. All bedrooms are located upstairs in both homes, have nine-foot ceilings, & custom made eight-foot interior doors. Custom made wood kitchen cabinets, new slide-in gas range, and other stainless steel kitchen appliances. The subject property offers No Mello Roos and No HOA which offers new owner lower property tax and monthly expense. In addition, each unit can be sold separately which give new ownership a flexible option as an exist strategy for the investment. Located within minutes from the beach and adjustment to the city of Newport Beach, the subject property offers easy access to the California State Route 55, Interstate 405, and Pacific Cost Highway. The building is also within walking distance to The Triangle and minutes drive from Fashion Island, South Coast Plaza, UC Irvine and John Wayne Airport. This investment offers a once in a lifetime opportunity to acquire a brand new investment property in one of the most sought after cities in Orange County. Due to it’s ideal location and the age of the building, this investment can sustain it’s value by maintaining a strong rental demand and be able to weather any type of the real estate market change.
Property Type(s): Residential Income
Last Updated 1/11/2019 Tract Eastside South (ESCM)
Year Built 2018 Community C5 - East Costa Mesa
County Orange

Additional Details

AIR Central
APPLIANCES Built In Range, Dishwasher, Garbage Disposal, Gas Stove, Microwave, Tankless Water Heater, Water Heater Unit
AREA C5 - East Costa Mesa
GARAGE Garage - Front Entry
HEAT Central Furnace
LOT 7004 sq ft
SEWER Public Sewer
WATER Public



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