West Side Costa Mesa investment or redevelopment opportunity - 2 upgraded and updated single family detached homes on one lot. Both units are approximately 1750 sq. ft., both have 4 beds 3 full baths on an R2 medium density 11,700 sq. ft. lot. Front unit has been repainted, newer stainless steel appliances with granite counters in kitchen, baths are good condition with tiled and wood flooring, dual paned windows, and a 3 car attached garage. Rear unit was completely updated and upgraded with new laminate wood floors, all new remodeled bathrooms, new neutral paint, dual paned windows, and 3 reserved parking spaces. Long driveway for plenty of parking. Upgraded 100 Amp electric meter, copper plumbing in both homes. 2 separate addresses & all separate utility meters including 2 water meters. Great location & close to beach/ocean, Costa Mesa Country Club, medical facilities, schools, local eateries, and parks. Easy access to 55, 73, & 405 freeways. Zoned R2 Medium Density with potential to build 3rd unit or redevelopment, please check with City of Costa mesa. Current tenant is on a month to month paying $8800 per month for both homes, current cap rate is 4.67%
|
DAYS ON MARKET
|
112
|
LAST UPDATED
|
10/9/2021
|
|
TRACT
|
Other (OTHR)
|
YEAR BUILT
|
1956
|
|
COMMUNITY
|
Southwest Costa Mesa
|
GARAGE SPACES
|
3.0
|
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| APPLIANCES |
Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater |
| AREA |
Southwest Costa Mesa |
| CONSTRUCTION |
Stucco |
| GARAGE |
Asphalt, Assigned, Shared Driveway, Uncovered, Yes |
| HEAT |
Central, Forced Air, Natural Gas, Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down, Bedroom on Main Level, Ceiling Fan(s), Granite Counters, Main Level Master, Multiple Master Suites, Open Floorplan, Recessed Lighting, Stone Counters |
| LOT |
0.27 acre(s) |
| LOT DESCRIPTION |
Back Yard, Street Level, Yard |
| PARKING |
Assigned,Asphalt,Shared Driveway,Uncovered |
| POOL DESCRIPTION |
None |
| PRIMARY ON MAIN |
Yes |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Ranch |
| SUBDIVISION |
Other (OTHR) |
| UTILITIES |
Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s),Neighborhood |
| WATER |
Public |
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Listed with Lantern Bay Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/18/24 11:20 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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