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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside South (Escm)
MLS Listing ID NP21006350
Sold Date 02/11/21
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1963
Lot Size 6,969 Sqft
Property Description
The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Interior Features Cathedral Ceiling(s), Stone Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Master
Heating Central, Forced Air
Cooling Central Air, See Remarks
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Tankless Water Heater
Laundry See Remarks
Exterior
Parking Features Assigned, Driveway, On Street
Fence Vinyl, Wood
Pool None
Community Features Biking, Gutter(s), Hiking, Storm Drain(s), Street Lights, Suburban, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Landscaped, Level, Near Park, Rectangular Lot, Sprinkler System, Trees, Yard
Story 1
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Ranch
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 43918106
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with John Zarvos • Viking Real Estate and Inv.
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692