$1,320,000
$1,475,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
1548 N Elm AVE Costa Mesa, CA 92626
7,152 Sqft Lot
Key Details
Sold Price $1,320,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25144160
Year Built 1960
Lot Size 7,152 Sqft
Property Sub-Type Apartment
Property Description
PRICED TO SELL!!! Sellers have already secured their up-leg 1031 Exchange property. This property is in an excellent rent area near Mesa Verde in Costa Mesa. Excellent unit mix with a single story 2br-1ba plus den converted to a 3rd bedroom, living room fireplace, large yard and no one above. These tenants will be moving out shortly after close of escrow. So, you will be able to then rent it out at market rent. There is also (2) 2br-1.5ba townhouse units with large patios and large living rooms as well as large bedrooms. All units have a 1 car private enclosed garage and each unit has it's own washer and dryer hookup inside the each unit. The entire roof has been recently replaced with all new plywood and asphalt shingles at the cost of approx, $35,000. the building has all newer windows and sliding doors as well. This is an excellent long term apartment property investment in an excellent area of Costa Mesa. Hurry on this one!!!
Location
State CA
County Orange
Area C1 - Mesa Verde
Interior
Heating Wall Furnace
Fireplaces Type Living Room
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected
Roof Type Composition,Shingle
Building
Lot Description Lawn, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Yard
Story 2
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Bob Walz New Dimension Investment Prop