369 W Bay Street,  Costa Mesa CA, 92627 (Residential Income)

6,639 sqft
Status: Sold
MLS#: OC16185179
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Last Updated: 12/3/2016 3:30 AM
Description for 369 W Bay Street Costa Mesa, CA 92627
369 West Bay Street is 9 units located in an outstanding area of Costa Mesa. Surrounded by newer development, this nine-unit complex offers a safe and secure location which tenants find attractive. The property consists of nine (9), large (737 sq. ft.) one bedroom / one-bath units. Accompanied with garages, individual water heaters, separate metering and large open spaces, this truly is an investor' s dream. Walking Distance to Triangle Square, and Biking distance to Newport Beach, this 9 unit complex is perfectly located for Beach lovers who can have easy access to recreation, jobs, entertainment and restaurants. Other notable employers, as well as attractions in Costa Mesa are; The Orange County Performing Arts Center, Orange County South Coast Repertory Theater, and South Coast Plaza are prominent centers of cultural and economic activity within the City. The South Coast Plaza shopping center is the single largest commercial activity center in the City. The volume of sales generated by South Coast Plaza, on the strength of 322 stores, places it among the highest volume regional shopping centers in the nation.
Price
Sold Price:
$2,760,000
Sold Date:11/28/2016
Orange
6,639 (approx)
OC16185179
Closed
Description
369 West Bay Street is 9 units located in an outstanding area of Costa Mesa. Surrounded by newer development, this nine-unit complex offers a safe and secure location which tenants find attractive. The property consists of nine (9), large (737 sq. ft.) one bedroom / one-bath units. Accompanied with garages, individual water heaters, separate metering and large open spaces, this truly is an investor' s dream. Walking Distance to Triangle Square, and Biking distance to Newport Beach, this 9 unit complex is perfectly located for Beach lovers who can have easy access to recreation, jobs, entertainment and restaurants. Other notable employers, as well as attractions in Costa Mesa are; The Orange County Performing Arts Center, Orange County South Coast Repertory Theater, and South Coast Plaza are prominent centers of cultural and economic activity within the City. The South Coast Plaza shopping center is the single largest commercial activity center in the City. The volume of sales generated by South Coast Plaza, on the strength of 322 stores, places it among the highest volume regional shopping centers in the nation.
Listing Information
Property Type: Cluster, Other
0.28 Acres 1,231,000 sq.ft. 6,639 (approx)
$415.73 1976
Yes- 9 spaces
9 Total
Neighborhood
Room Information
Exterior / Lot Features
9 Garage Spaces, 9 Parking Spaces
None
No Pool
Curbs Walk
Driving Directions
Cross Streets: Newport Blvd / Bay Street
Financial Considerations
41919212
$158,520 Income ,$42,103Expense
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: Pat Swanson Pat Swanson
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