Costa Mesa, CA 92626,1002 Mission Drive
Costa Mesa, CA 92626,1002 Mission Drive
Costa Mesa, CA 92626,1002 Mission Drive
Costa Mesa, CA 92626,1002 Mission Drive
Costa Mesa, CA 92626,1002 Mission Drive
Costa Mesa, CA 92626,1002 Mission Drive
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$2,037,500

$2,150,000

5.2%
Est.Price: ?

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Est. payment /mo

8 Beds

8 Baths

6,970 Sqft Lot


SOLD DATE : 12/11/2024

Key Details

Sold Price $2,037,500

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NP24220536

Sold Date 12/11/24

Bedrooms 8

HOA Y/N No

Lot Size 6,970 Sqft

Property Description

HUGE COSTA MESA 4PLEX JUST OVER 4,700 SQUARE FEET - 1,175 SQFT PER UNIT! (4) 2 BEDROOM + 1.5 BATH TOWNHOME STYLE UNITS WITH PRIVATE PATIOS, PERSONAL GARDENS, AND NO TENANTS LIVING ABOVE OR BELOW EACH OTHER. THE ENTIRE BUILDING WAS RECENTLY REPIPED, NEW WINDOWS AND SLIDING GLASS DOORS. 4 GARAGES PLUS 3 ADDITIONAL SPACES FOR PARKING, SELLER OWNS THE WASHER AND DRYER, PROVIDING ADDITIONAL INCOME. RENTS ARE 23% BELOW MARKET VALUE, PRIMED FOR A SEASONED INVESTOR TO COME IN AND CAPTURE THIS BUILDING'S UPSIDE. GREAT COSTA MESA LOCATION NEAR SOUTH COAST PLAZA, METRO POINT, OC FAIRGROUNDS, ORANGE COAST COLLEGE, AND EASY FREEWAY ACCESS TO THE 405, 73, AND 55 FREEWAY. HIGH RENTAL DEMAND YEAR ROUND!
HUGE COSTA MESA 4PLEX JUST OVER 4,700 SQUARE FEET - 1,175 SQFT PER UNIT! (4) 2 BEDROOM + 1.5 BATH TOWNHOME STYLE UNITS WITH PRIVATE PATIOS, PERSONAL GARDENS, AND NO TENANTS LIVING ABOVE OR BELOW EACH OTHER. THE ENTIRE BUILDING WAS RECENTLY REPIPED, NEW WINDOWS AND SLIDING GLASS DOORS. 4 GARAGES PLUS 3 ADDITIONAL SPACES FOR PARKING, SELLER OWNS THE WASHER AND DRYER, PROVIDING ADDITIONAL INCOME. RENTS ARE 23% BELOW MARKET VALUE, PRIMED FOR A SEASONED INVESTOR TO COME IN AND CAPTURE THIS BUILDING'S UPSIDE. GREAT COSTA MESA LOCATION NEAR SOUTH COAST PLAZA, METRO POINT, OC FAIRGROUNDS, ORANGE COAST COLLEGE, AND EASY FREEWAY ACCESS TO THE 405, 73, AND 55 FREEWAY. HIGH RENTAL DEMAND YEAR ROUND!

Location

State CA

County Orange

Area Oc - Costa Mesa (92626)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $132

Acceptable Financing Conventional

Space Rent $2,118

Listing Terms Conventional

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San Diego Regional MLS (SDMLS)
Listed by Joseph Lengyel-Leahu • Compass
Bought with Ramsey Oliveras • RE/MAX Estate Properties
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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