Property · 2 recorded sales since 2014
Listing Agent: Carmela Phillips (DRE #01032860) · Listing Office: Villa Real Estate · Contact: 949-717-6000 · Bought with: Daniel Krause · Century 21 Discovery · MLS #NP17212654 · Source: CRMLS
Excellent income property located in sort after area in Costa Mesa close to shops, beaches,schools on a nice street with new construction. Solid income from long term tenants makes this property easy to manage. Some rents under market with upside potential to raise rents. Front house build in 1952 features 3 bedrooms, 2 bathrooms, living room, family/ dining room with fireplace, kitchen, laundry, large front yard, private back yard, small garage. Other building behind circa approx 1970s feature 2 townhomes each have 2 bedrooms, 1.5 bathrooms, large rooftop decks, garage, laundry rooms. No common living walls. Both townhomes have been renovated. Large lot has plenty of offstreet parking up to 6-8 cars. Up and coming neighborhood with new construction, much sort after location with upside appreciation both in property values and rent income. Pro forma income would be $84,000/year.
Listing description from the November 2017 sale, as reported to CRMLS.