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$3,295,000
Est. payment /mo
2 Beds
0.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25240092
Bedrooms 2
Lot Size 0.273 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present a turn key 6-unit asset located in the heart of Costa Mesa. This property consists of six fully renovated, 2 bed/1.5 bath townhome-style units - each spanning over 1100 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, central A/C, and spacious private patios all of which contribute to a condo-quality environment that attracts and retains quality tenants. Over a 5% cap rate on current rents, this asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.
Location
State CA
County Orange
Zoning Public Rec
Direction Going South on Fairview Rd., Turn Left Onto Paularino Ave., Turn Right Onto Coolidge Ave., Turn Left Onto Albany St., Turn Left
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 14113423
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Chris Keramati Triqor Group
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