1002 Mission Drive, Costa Mesa, CA 92626
- $2,037,500
- Sold Price
- $2,037,500
- List Price
- $2,150,000
- Closing Date
- Dec 11, 2024
- Status
- CLOSED
- MLS#
- NP24220536
- Year Built
- 1964
- Lot Size
- 6,970
- Acres
- 0.16
- Days on Market
- 18
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Costa Mesa Residential Income (Cmri)
Property Description
HUGE COSTA MESA 4PLEX JUST OVER 4,700 SQUARE FEET - 1,175 SQFT PER UNIT! (4) 2 BEDROOM + 1.5 BATH TOWNHOME STYLE UNITS WITH PRIVATE PATIOS, PERSONAL GARDENS, AND NO TENANTS LIVING ABOVE OR BELOW EACH OTHER. THE ENTIRE BUILDING WAS RECENTLY REPIPED, NEW WINDOWS AND SLIDING GLASS DOORS. 4 GARAGES PLUS 3 ADDITIONAL SPACES FOR PARKING, SELLER OWNS THE WASHER AND DRYER, PROVIDING ADDITIONAL INCOME. RENTS ARE 23% BELOW MARKET VALUE, PRIMED FOR A SEASONED INVESTOR TO COME IN AND CAPTURE THIS BUILDING'S UPSIDE. GREAT COSTA MESA LOCATION NEAR SOUTH COAST PLAZA, METRO POINT, OC FAIRGROUNDS, ORANGE COAST COLLEGE, AND EASY FREEWAY ACCESS TO THE 405, 73, AND 55 FREEWAY. HIGH RENTAL DEMAND YEAR ROUND!
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $112,512
- Operating Expense
- 42000
Listing courtesy of Listing Agent: Joseph Lengyel-Leahu (joe.leahu@compass.com) from Listing Office: Compass.
Listing sold by Ramsey Oliveras from RE/MAX Estate Properties
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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.