6 Units on the East side of Costa Mesa – consisting of 1 detached two bedroom cottage, 2 – two bedroom cottages sharing one common wall and 3 attached two bedroom townhomes. Each have their own garage, 3 of the unit, have medium to private yards and with the others having each a patio. With nearly ½ acre of land this opportunity is a classic ‘Value Add’ apartment complex. While there is deferred maintenance the capital spent to upgrade and rehabilitate the property will lead to higher income. Rent surveys indicate it is likely that the scheduled rental income could increase as much as 15% to 20% over its current level.
Taxes & Fees
Condo Fees
:
Not Available
Taxes:
Not Available
Monthly Rent:
$7,945
2639-49 Orange Avenue, Costa Mesa, CA, 92647 United States$1,265,000
2 beds5,427 Sq. ft.20,130 Sq. ft. Lot
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OC Properties16742 Gothard Street # 117, Huntington Beach,CA92647