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Listed by Nick Skawinski • First Team Real Estate
$1,600,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25245121
Year Built 1958
Lot Size 6,098 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Income-producing triplex in Central Costa Mesa near Wilson, Harbor and Fairview, minutes to the beach, South Coast Plaza, major freeways and John Wayne Airport. All three 2 bed 1 bath units include a private one-car garage plus an additional parking space. Units A and B are downstairs with rear patios that include exterior laundry hook-ups, and Unit C is an upstairs unit with a private deck and no laundry hook-ups. Recent improvements include a newer roof, dual-pane windows, upgraded electrical in all units, vinyl perimeter fencing, laminate flooring in Unit B and ceiling fans in Unit A. Tenants pay utilities except water and trash. The property is fully occupied at strong rents, producing a stronger-than-average gross cap rate for the Costa Mesa triplex market. Interior photos were taken prior to the current tenants.
Location
State CA
County Orange
Area C4 - Central Costa Mesa
Interior
Heating Wall Furnace
Cooling None
Laundry Gas Hookup, 30
Exterior
Parking Features Assigned Spaces
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 41906208
Special Listing Condition Not Applicable
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