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.
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Listing Snapshot
Price
$1,600,000
Days On Site
10 Days
Bedrooms
N/A
Inside Area (SqFt)
2,490 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1958
MLS® Number
NP25245121
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Listing first seen on site
a week ago
Listing updated with changes from the MLS®
General Features
Acres
0.14
Garage
Yes
Garage Spaces
3
Land Lease
No
Levels
Two
Number Of Stories
2
Parking
Assigned
Parking Spaces
6
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
2490
Water Source
Public
Interior Features
Heating
Wall Furnace
Laundry Features
Washer HookupGas Dryer Hookup
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Exterior Features
Lot Features
Rectangular Lot
Pool Features
None
Community Features
Building Access
1 & 2
Community Features
Sidewalks
Financing Terms Available
CashConventional1031 Exchange
MLS Area
C4 - Central Costa Mesa
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Neighborhood & Commute
Source: Walkscore
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