Offered for the first time ever as one complete income property, this five-home, SFR detached compound in Eastside Costa Mesa presents an exceptionally investment opportunity. Boasting close proximity to the 55 Freeway, the property is currently being operated by a well-respected company under a master lease, with each home highlighted by four bedrooms and three baths in approximately 2,454 square feet. State-of-the-art solar panels power all five residences, which also feature paver-finished patios, high ceilings, clerestory windows, attached two-car garages, fireplaces, crown molding, and bright and open floor plan designs. Kitchens showcase islands, granite countertops and stainless steel appliances, and primary suites host walk-in closets and private baths with showers and separate soaking tubs. The enclave is enviably convenient to restaurants, shopping, excellent schools, golf courses, parks, Newport’s Back Bay and miles of world-renowned beaches. Take advantage of this ultra-rare opportunity fully leased asset with an A+ credit tenant/operator. Tenant/ operator is on a NNN master lease.
|DAYS ON MARKET||29||LAST UPDATED||7/11/2022|
|YEAR BUILT||2005||COMMUNITY||East Costa Mesa|
|STATUS||Active||PROPERTY TYPE(S)||Residential Income|
|APPLIANCES||Built-In Range, Dishwasher, Disposal, Double Oven, Freezer|
|AREA||East Costa Mesa|
|GARAGE||Direct Access, Driveway, Garage, Garage Faces Front, Yes|
|INTERIOR||Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Walk-In Closet(s)|
|LOT DESCRIPTION||11-15 Units/Acre, Back Yard, Front Yard, Near Park, Paved|
|PARKING||Direct Access,Driveway,Garage Faces Front,Garage|
|UTILITIES||Cable Connected,Electricity Connected,Natural Gas Connected, Electric: Photovoltaics Seller Owned|
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 8/9/22 6:32 AM 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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