2884 La Salle Avenue, Costa Mesa, CA 92626
- $2,270,000
- Sold Price
- $2,270,000
- List Price
- $2,575,000
- Closing Date
- Oct 18, 2024
- Status
- CLOSED
- MLS#
- NP24195455
- Year Built
- 1964
- Lot Size
- 12,197
- Acres
- 0.28
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- Mesa Del Mar
Property Description
Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 11
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $169,140
- Operating Expense
- 48551
Listing courtesy of Listing Agent: Nick Gould (ng@gouldgroupinc.com) from Listing Office: Gould Group Inc.
Listing sold by Nick Gould from Gould Group Inc
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.