REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$3,490,000

Est. payment - /mo

6 Beds

4 Baths

0.36 Acres Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside Central (Eccm)

MLS Listing ID OC26116869

Bedrooms 6

Lot Size 0.361 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Rare opportunity to acquire a pride-of-ownership 5-unit investment property in the highly sought-after Eastside Costa Mesa rental market, offered for sale for the first time in approximately 27 years. Situated on an expansive approximately 15,746 square foot lot, the property features an attractive cottage-style layout with exceptional tenant appeal in one of Orange Countys most desirable coastal submarkets. The front of the property consists of a charming freestanding 2-bedroom, 1-bath house featuring a large enclosed front yard with a white picket fence, along with a private enclosed rear yard. The rear of the property is comprised of two additional residential buildings featuring two 1-bedroom units and two 2-bedroom units. Each residence offers its own private enclosed yard, patio, or outdoor space, creating a highly desirable residential feel for tenants. Additional amenities include six enclosed garages, 5 with automatic openers, one of which is currently rented separately for additional income of $250 per month. In-unit washer and dryer hookups. Off-street parking for approximately eight vehicles is a huge tenant appeal. The property is separately metered for gas and electricity with no house gas or electric meters, helping minimize owner utility expenses. Each unit also has its own individual water heater, with residents paying for their own gas usage. The operating expenses listed only consist of water, trash, current property taxes, current insurance, gardening, and property management. The property benefits from a stable long-term tenant base and a desirable East

Location

State CA

County Orange

Zoning Public Rec

Direction Newport Blvd and 21st St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 42618213

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info

Listed by Scott Gerard, DRE#01004111 Gerard Properties Inc.

Nearby School & Business

Get More Information

Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

Quick Search

131 E 21st Street Costa Mesa, CA 92627

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information