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2884 La Salle Avenue

Costa Mesa, CA 92626
  • $2,575,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: NP24195455
UPDATED: 45 min ago
$2,575,000
  • 6
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar. Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar.

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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.
www.gellens.com/homes/155581533
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2884 La Salle Avenue Costa Mesa, CA 92626

  • Price: $2,575,000
  • Status: ACTIVE
  • On Site: 15 Days
  • Updated: 45 min ago
  • ID#: NP24195455
6
Beds
0
Baths
0
½ Baths
0.28
Acres
Neighborhood:
Mesa Del Mar
County:
Orange
Area:
Oc - Costa Mesa (92626)
Property Description
Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar. Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 48551 Buildings 2 Cfd Mello Roos Fee 1976.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 169140 Home Owners Fees 0.0 Monthly Total Fees 164 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3600.0 Unit2 Rent Actual 2800.0 Unit3 Rent Actual 1965.0 Unit4 Rent Actual 1995.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Nick Gould of Gould Group Inc: 925-998-1315. 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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