1775 Orange Avenue,  Costa Mesa CA, 92627 (Residential Income)

4,586 sqft
Status: Sold
MLS#: PW16190691
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Last Updated: 12/8/2016 2:13 AM
Description for 1775 Orange Avenue Costa Mesa, CA 92627
This well-maintained and gated 7 unit investment opportunity sits in a prime Eastside Costa Mesa location near the highly desirable amenities and shopping of 17th St. on a huge lot of over 14,000 sqft. The 6 unit building includes a mix of all 1 bedroom + den,1 bathroom. All units have been remodeled including new windows and several units have upgraded kitchens and bathrooms that feature granite countertops. Also attached to the building is an onsite laundry room. Each unit has a dedicated water heater and is separately metered for gas and electric. The remaining 7th unit is a detached home with 2 bedrooms/1.5 baths and is upgraded and remodeled throughout including high end kitchen and bath. This home also features A/C and inside washer/dryer hookups. Attached is an oversized deck with built in firepit. There is a large parking area with plenty of onsite spots. This unique investment opportunity benefits from its convenient location near 17th St in Eastside Costa Mesa, which means easy access to some of the best shopping, dining and amenities in Eastside and high rents for the investor/owner. **No interior showings and do not walk the property!!**
Price
Sold Price:
$2,550,000
Sold Date:11/07/2016
Orange
4,586 (approx)
PW16190691
Closed
Description
This well-maintained and gated 7 unit investment opportunity sits in a prime Eastside Costa Mesa location near the highly desirable amenities and shopping of 17th St. on a huge lot of over 14,000 sqft. The 6 unit building includes a mix of all 1 bedroom + den,1 bathroom. All units have been remodeled including new windows and several units have upgraded kitchens and bathrooms that feature granite countertops. Also attached to the building is an onsite laundry room. Each unit has a dedicated water heater and is separately metered for gas and electric. The remaining 7th unit is a detached home with 2 bedrooms/1.5 baths and is upgraded and remodeled throughout including high end kitchen and bath. This home also features A/C and inside washer/dryer hookups. Attached is an oversized deck with built in firepit. There is a large parking area with plenty of onsite spots. This unique investment opportunity benefits from its convenient location near 17th St in Eastside Costa Mesa, which means easy access to some of the best shopping, dining and amenities in Eastside and high rents for the investor/owner. **No interior showings and do not walk the property!!**
Listing Information
Property Type: Cluster, 2 Story
0.32 Acres 1,420,000 sq.ft. 4,586 (approx)
$556.04 1960
2
Gas Water Heater
7 Total
Neighborhood
Room Information
Common, Gas Dryer Hookup
Interior Features
Gas Range/Cooktop
Central Air
Wall Unit
Exterior / Lot Features
8 Parking Spaces, Unassigned
None
No Pool
Suburban
Driving Directions
Cross Streets: Rochester and Orange
Financial Considerations
42541511
$151,800 Income ,$44,247Expense
Listing Price History

Costa Mesa Real Estate

Costa Mesa is located in California. Costa Mesa, California 92627 has a population of 110,322.

The median household income in Costa Mesa, California 92627 is $65,373. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Costa Mesa 92627 is 33.7 years.

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Courtesy: Coldwell Banker Res. Brokerage Christian Walsh
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