3102 Mace Avenue, Costa Mesa, CA 92626
- $2,040,000
- Sold Price
- $2,040,000
- List Price
- $2,076,000
- Closing Date
- Mar 06, 2025
- Status
- CLOSED
- MLS#
- PW25018717
- Year Built
- 1969
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- 0-1 Unit/Acre, Landscaped, Near Park, Sprinkler System, Yard
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Mesa Verde Residential Income (Mvri)
Property Description
A rare investment opportunity in the highly sought-after Mesa Verde "Spice Streets"! This well-maintained fourplex boasts 4,966 square feet of living space on an 8,700 square foot lot, offering a solid income stream with long-term tenants in place and significant upside potential for rental growth. The property features a mix of three 2-bed/2-bath units and one spacious 3-bed/2-bath unit with a private master bath, fireplace, and laundry in unit. Parking is plentiful with enclosed garage spaces and two uncovered spaces, plus an on-site laundry facility for tenant convenience. Each unit is separately metered for gas and electricity. Tenants enjoy easy access to local parks, shopping and dining spots, and major freeways, including the 405 and 55. Don't miss this incredible investment opportunity in one of Costa Mesa's best multifamily communities!
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Additional Information
- Appliances
- Washer
- Pool Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $103,000
- Operating Expense
- 25239
Listing courtesy of Listing Agent: Kendra Fisher (kendra@torellirealty.com) from Listing Office: Torelli Realty.
Listing sold by Susie McKibben from Compass
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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.