$2,270,000
$2,575,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 10/18/2024
Key Details
Sold Price $2,270,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Mesa Del Mar
MLS Listing ID NP24195455
Sold Date 10/18/24
HOA Y/N No
Year Built 1964
Lot Size 0.280 Acres
Property Description
Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park.
Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar.
Location
State CA
County Orange
Area C3 - South Coast Metro
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 11.0
Garage Description 11.0
Pool None
Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 15
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 14166220
Energy Description 1000.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Nick Gould • Gould Group Inc