383 16th Place, Costa Mesa, CA 92627
Property · 2 recorded sales since 2012
Sold November 2020
Listing Agent: Damien Breaux (DRE #01460301) · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Nancy Moeller · Seven Gables Real Estate · MLS #PW20225806 · Source: CRMLS
About this property
We are pleased to offer 383 16th Place, a stunning Spanish-style duplex located in Costa Mesa's premier Eastside neighborhood. Situated just blocks from Newport Beach and trendy 17th Street, this 2-unit investment property has been fully renovated with new kitchens, bathrooms, flooring, appliances, fixtures, windows, paint, backyards and more. The interiors rival that of model homes with high-end finishes throughout. Each 3BR/2.5BA townhome-style unit features a fireplace, a master suite with a private balcony, and a large fenced private patio with a power extendable awning. Additionally, the 383 16th Place duplex offers a free-standing 2-car garage, which should qualify to be converted to an ADU under California standards, and can drastically improve cash-flow to a new investor. (Buyer to verify exact ADU qualifications/requirements with the city; contact Listing Agent for additional information). This is a true turn-key asset that would be an excellent addition to any investor’s portfolio. *Property is currently vacant. All income numbers are pro forma. **Buyer to verify exact ADU qualifications/requirements with the city; contact listing agent for additional information.
Listing description from the November 2020 sale, as reported to CRMLS.
Sale history
