$2,550,000
$2,550,000
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0.42 Acres Lot
SOLD DATE : 03/24/2021
Key Details
Sold Price $2,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Westside Costa Mesa South (Wscm)
MLS Listing ID NP21000754
Sold Date 03/24/21
HOA Y/N No
Year Built 1955
Lot Size 0.420 Acres
Property Description
Unique and rare 7 unit building on Westside Costa Mesa on a large buildable lot. Property consists of one free standing 1bd/1ba cottage with good sized yard, a duplex with two 1bd/1ba units and private patios, one upstairs studio, one upstairs 2bd/1ba apartment, another free standing 2bd/1ba unit with a large private yard and a free standing home with a private back yard. Corner lot with good light, 6 or 7 enclosed garages plus off-street and on-street parking. Property has lots of potential and upside. Presently leased to one non-profit entity but may be delivered vacant which would be great for a rehab opportunity. There is also a small storage building. At one time you could build 6 units, there, but you would need to check with city on present zoning requirements. PLEASE NOTE INCOME IS BASED ON PRO-FORMA, call for details.
Location
State CA
County Orange
Area C2 - Southwest Costa Mesa
Zoning R2
Interior
Heating Natural Gas, Wall Furnace
Fireplace No
Appliance Gas Oven, Gas Range
Laundry Common Area
Exterior
Parking Features Covered
Garage Spaces 7.0
Garage Description 7.0
Fence Wood
Pool None
Community Features Curbs, Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre, Corner Lot
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42225101
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Mark Bridge • Mark Bridge, Broker