713 W Wilson Street, Costa Mesa, CA 92627

About this single-family home

West Side Costa Mesa investment or redevelopment opportunity - 2 upgraded and updated single family detached homes on one lot. Both units are approximately 1750 sq. ft., both have 4 beds 3 full baths on an R2 medium density 11,700 sq. ft. lot. Front unit has been repainted, newer stainless steel appliances with granite counters in kitchen, baths are good condition with tiled and wood flooring, dual paned windows, and a 3 car attached garage. Rear unit was completely updated and upgraded with new laminate wood floors, all new remodeled bathrooms, new neutral paint, dual paned windows, and 3 reserved parking spaces. Long driveway for plenty of parking. Upgraded 100 Amp electric meter, copper plumbing in both homes. 2 separate addresses & all separate utility meters including 2 water meters. Great location & close to beach/ocean, Costa Mesa Country Club, medical facilities, schools, local eateries, and parks. Easy access to 55, 73, & 405 freeways. Zoned R2 Medium Density with potential to build 3rd unit or redevelopment, please check with City of Costa mesa. Current tenant is on a month to month paying $8800 per month for both homes, current cap rate is 4.67%

Listing description from the October 2021 sale, as reported to CRMLS.

Sale history

$1,710,000

Sold October 2021 · listed $1,799,000, on market June 2021 · MLS #OC21133132 · Source: CRMLS

Listing Agent: Tony Morrison · Listing Office: Lantern Bay Realty · Contact: 949-661-6441 · Bought with: Tim Brooks · Tim Brooks, Broker

$985,000

Sold March 2017 · listed $990,000, orig. $975,000, on market August 2016 · MLS #PW16189086 · Source: CRMLS

Listing Agent: Wayne Yau · Listing Office: Wayne Yau, Broker · Contact: 714-881-7090 · Bought with: Tony Morrison · Lantern Bay Realty

Explore Costa Mesa