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276 E 16th Place

Costa Mesa, CA 92627
  • $2,100,000
  • STATUS: CONTINGENT
  • ON SITE: 15 Days
  • ID#: NP24199611
Under Contract
UPDATED: 47 min ago
$2,100,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Discover this fantastic investment opportunity in the highly sought-after Eastside Heights community of Costa Mesa! This well-maintained triplex features three unique units, offering great versatility for tenants or owner-occupied investment. Two Townhome-Style Units (B & C): Two spacious 2-bedroom, 1.5 bath units, each with 1,104 sq. ft., provide comfortable living with large living rooms, half bath's downstairs, kitchen and dining area as well as private patios. Both units come with in-unit laundry rooms and garage parking for added convenience. Unit C has just been beautifully updated with a brand-new kitchen featuring quartz countertops and new cabinets, a fully remodeled bathroom, fresh paint, and new carpet vacant and ready for immediate occupancy. Front Unit (A): A cozy 936 sq. ft. unit with 2 bedrooms, plus a den, 1 bathroom, a private patio, and its own laundry area. Ideal for tenants or personal use! With garage parking for all units, this property is an ideal choice for long-term rental potential or as a multi-generational home. Nestled in an amazing location close to parks, shopping, and dining, this triplex combines comfortable living with investment potential. Dont miss out on this great opportunity in Costa Mesas Eastside Heights! Discover this fantastic investment opportunity in the highly sought-after Eastside Heights community of Costa Mesa! This well-maintained triplex features three unique units, offering great versatility for tenants or owner-occupied investment. Two Townhome-Style Units (B & C): Two spacious 2-bedroom, 1.5 bath units, each with 1,104 sq. ft., provide comfortable living with large living rooms, half bath's downstairs, kitchen and dining area as well as private patios. Both units come with in-unit laundry rooms and garage parking for added convenience. Unit C has just been beautifully updated with a brand-new kitchen featuring quartz countertops and new cabinets, a fully remodeled bathroom, fresh paint, and new carpet vacant and ready for immediate occupancy. Front Unit (A): A cozy 936 sq. ft. unit with 2 bedrooms, plus a den, 1 bathroom, a private patio, and its own laundry area. Ideal for tenants or personal use! With garage parking for all units, this property is an ideal choice for long-term rental potential or as a multi-generational home. Nestled in an amazing location close to parks, shopping, and dining, this triplex combines comfortable living with investment potential. Dont miss out on this great opportunity in Costa Mesas Eastside Heights!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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276 E 16th Place Costa Mesa, CA 92627

  • Price: $2,100,000
  • Status: CONTINGENT
  • On Site: 15 Days
  • Updated: 47 min ago
  • ID#: NP24199611
4
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Eastside Heights
County:
Orange
Area:
Oc - Costa Mesa (92627)
Property Description
Discover this fantastic investment opportunity in the highly sought-after Eastside Heights community of Costa Mesa! This well-maintained triplex features three unique units, offering great versatility for tenants or owner-occupied investment. Two Townhome-Style Units (B & C): Two spacious 2-bedroom, 1.5 bath units, each with 1,104 sq. ft., provide comfortable living with large living rooms, half bath's downstairs, kitchen and dining area as well as private patios. Both units come with in-unit laundry rooms and garage parking for added convenience. Unit C has just been beautifully updated with a brand-new kitchen featuring quartz countertops and new cabinets, a fully remodeled bathroom, fresh paint, and new carpet vacant and ready for immediate occupancy. Front Unit (A): A cozy 936 sq. ft. unit with 2 bedrooms, plus a den, 1 bathroom, a private patio, and its own laundry area. Ideal for tenants or personal use! With garage parking for all units, this property is an ideal choice for long-term rental potential or as a multi-generational home. Nestled in an amazing location close to parks, shopping, and dining, this triplex combines comfortable living with investment potential. Dont miss out on this great opportunity in Costa Mesas Eastside Heights! Discover this fantastic investment opportunity in the highly sought-after Eastside Heights community of Costa Mesa! This well-maintained triplex features three unique units, offering great versatility for tenants or owner-occupied investment. Two Townhome-Style Units (B & C): Two spacious 2-bedroom, 1.5 bath units, each with 1,104 sq. ft., provide comfortable living with large living rooms, half bath's downstairs, kitchen and dining area as well as private patios. Both units come with in-unit laundry rooms and garage parking for added convenience. Unit C has just been beautifully updated with a brand-new kitchen featuring quartz countertops and new cabinets, a fully remodeled bathroom, fresh paint, and new carpet vacant and ready for immediate occupancy. Front Unit (A): A cozy 936 sq. ft. unit with 2 bedrooms, plus a den, 1 bathroom, a private patio, and its own laundry area. Ideal for tenants or personal use! With garage parking for all units, this property is an ideal choice for long-term rental potential or as a multi-generational home. Nestled in an amazing location close to parks, shopping, and dining, this triplex combines comfortable living with investment potential. Dont miss out on this great opportunity in Costa Mesas Eastside Heights!
Exterior Features

Pool N/K Site Sidewalks Units With Patios 3

Interior Features

Cooling N/K Heat Equipment Forced Air Unit Total Baths Unit1 1 Total Baths Unit2 2 Units With Range Oven 3 Units With Refrigerators 0 Units With Washers 0

Property Features

Actual Cap Rate 5.34 Annual Expense Actual 8000 Buildings 1 Cfd Mello Roos Fee 2245.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 106800 Monthly Total Fees 187 Tenant Pays ElectricityGas/Propane Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2550.0 Unit2 Rent Actual 2850.0 Zoning Estimated

San Diego MLS logo Listing provided courtesy of Justin Reynolds of D E Properties: 949-903-0322. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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