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Listed by Chris Keramati • Triqor Group
$3,295,000
Est. payment /mo
6,895 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,895 sqft
Price per Sqft $477
MLS Listing ID CRPW25240092
HOA Y/N No
Year Built 1963
Lot Size 0.273 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are pleased to present a turn key 6-unit asset located in the heart of Costa Mesa. This property consists of six fully renovated, 2 bed/1.5 bath townhome-style units - each spanning over 1100 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, central A/C, and spacious private patios - all of which contribute to a condo-quality environment that attracts and retains quality tenants. Over a 5% cap rate on current rents, this asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Inside
Building
Lot Description Irregular Lot
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613