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Undisclosed
Costa Mesa, CA 92627 Westside Costa Mesa

$3,000,000 USD

Apartments For Sale  •  4,522 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,522 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1977
  • Zoning R2-MD
30 Transit Score
70 Walk Score

Highlights

Turn-key condition - two newly constructed 2024 ADUs plus three fully renovated 2023 units
Master-leased at $19,000/month - stable, guaranteed in-place income
Mark-to-market upside on conversion to individual leases (market NOI $177,409)
Excellent unit mix - all 2- and 3-bedroom units with in-unit laundry and private yards/patios
Six off-street parking spaces; gas and electric individually metered
Prime Westside location - minutes from the beach, 17th Street retail, and Triangle Square

Property Flyers

Amenities

  • 24 Hour Access
  • Balcony
  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Trash Pickup - Curbside
  • Walking/Biking Trails
  • Stainless Steel Appliances
  • Patio
  • Public Transportation
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 9.1 mi
AirportDriveWalkDistance
John Wayne/Orange County 8 min - 4.0 mi
Long Beach (Daugherty Field) 28 min - 21.4 mi
Ontario International 57 min - 45.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Cindy Chin 877-622-7789 Cindy Chin Realty
Cindy Chin 877-622-7789 Cindy Chin Realty