$1,629,400
$1,699,500
4.1%For more information regarding the value of a property, please contact us for a free consultation.
178 E 18th ST Costa Mesa, CA 92627
7,405 Sqft Lot
Key Details
Sold Price $1,629,400
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside Central (Eccm)
MLS Listing ID OC19275149
Sold Date 03/10/20
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 1965
Lot Size 7,405 Sqft
Acres 0.17
Property Description
This is the first time this property has ever been offered for sale by the Original ownership/developer family. Well located, value-add opportunity of four units in the very desirable Eastside Costa mesa apartment submarket. There are (4) approximately 850 Sq. Ft. 2-bed, 1-bath units. The owner keeps one unit for their personal use. This unit interior has crown molding, raised panel doors, two tone paint, upgraded door casing, newer baseboards, newer custom kitchen cabinets, recessed lighting, scraped ceilings, dishwasher and custom tiled shower/tub enclosure.
There are nice floor to ceilings built-ins in the living rooms of all units. one unit has wide plank flooring throughout, while others have a combination of vinyl, simulated hardwood, and carpet. Bathrooms have vinyl or tile flooring. Each unit has an eating nook and all interior are light and bright. There is a great opportunity privatize and activate the lower front units' front yards by hedging and gating the space to allow residents the privacy and extra living area which can be utilized year round. The building is located walking distance to the 17th Street retail corridor. Income shown is market. See proforma.
7-page Marketing Flyer and Rental Statement.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Built-in Features
Laundry Location Common Area
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Storm Drain(s), Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Parking Type Garage Faces Rear
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level, Near Public Transit
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled
Others
Senior Community No
Tax ID 42523106
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Tim Carr • Tim Carr Group