1104 Victoria Street

    Costa Mesa, CA 92627
    • $2,400,000
    • STATUS: ACTIVE
    • ON SITE: 117 days
    • ID#: 302415311
    Price Reduced
    UPDATED: 45 min ago
    $2,400,000
    • 8
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    We are pleased to present this beautifully maintained, six unit complex in Costa Mesa. The property is 100% two-bedroom units and situated on the far westside of Costa Mesa bordering Huntington Beach. Ownership will consider 4% interest only seller financing for one year with no prepayment penalty at 50% loan to value. Buyer has the option to get their own financing as well. There have been some recent upgrades including a recently paved driveway, new paint/stucco, new dual pane windows, new garage doors, We are pleased to present this beautifully maintained, six unit complex in Costa Mesa. The property is 100% two-bedroom units and situated on the far westside of Costa Mesa bordering Huntington Beach. Ownership will consider 4% interest only seller financing for one year with no prepayment penalty at 50% loan to value. Buyer has the option to get their own financing as well. There have been some recent upgrades including a recently paved driveway, new paint/stucco, new dual pane windows, new garage doors, and a pitched roof in excellent condition. There is ample parking on the property with garage and carport spaces as well as driveway and street parking. Some units feature a private yard and wall mounted A/C units. This very nice Costa Mesa location is sandwiched between the Huntington Beach City Line to the West, Talbert Regional Park & Canyon Park South, and Fairview Park to the North. It's next to major retail, educational, and employment opportunities. This location services major freeways including the 405, 55 and 73 and offers residents a variety of entertainment, dining and shopping options. Within close proximity is Huntington Beach, Newport Beach, entertainment at Triangle Square, the Orange County fairgrounds, and shopping at Brookhurst Plaza.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/102769414

    1104 Victoria Street Costa Mesa, CA 92627

    • Price: $2,400,000
    • Status: ACTIVE
    • Updated: 45 min ago
    • ID#: 302415311
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    1962
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    Oc - Costa Mesa (92627)
    Property Description
    We are pleased to present this beautifully maintained, six unit complex in Costa Mesa. The property is 100% two-bedroom units and situated on the far westside of Costa Mesa bordering Huntington Beach. Ownership will consider 4% interest only seller financing for one year with no prepayment penalty at 50% loan to value. Buyer has the option to get their own financing as well. There have been some recent upgrades including a recently paved driveway, new paint/stucco, new dual pane windows, new garage doors, We are pleased to present this beautifully maintained, six unit complex in Costa Mesa. The property is 100% two-bedroom units and situated on the far westside of Costa Mesa bordering Huntington Beach. Ownership will consider 4% interest only seller financing for one year with no prepayment penalty at 50% loan to value. Buyer has the option to get their own financing as well. There have been some recent upgrades including a recently paved driveway, new paint/stucco, new dual pane windows, new garage doors, and a pitched roof in excellent condition. There is ample parking on the property with garage and carport spaces as well as driveway and street parking. Some units feature a private yard and wall mounted A/C units. This very nice Costa Mesa location is sandwiched between the Huntington Beach City Line to the West, Talbert Regional Park & Canyon Park South, and Fairview Park to the North. It's next to major retail, educational, and employment opportunities. This location services major freeways including the 405, 55 and 73 and offers residents a variety of entertainment, dining and shopping options. Within close proximity is Huntington Beach, Newport Beach, entertainment at Triangle Square, the Orange County fairgrounds, and shopping at Brookhurst Plaza.
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Cooling Wall/Window Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 6

    Property Features

    Actual Cap Rate 3.76 Annual Expense Actual 43168 Buildings 3 Gross Rent Multiplier Actual 17.0 Gross Scheduled Income Actual 137580 Home Owners Fees 0.0 Possession Close Of Escrow Tenant Pays ElectricityGas/Propane Terms Seller May Carry Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1515.0 Unit2 Rent Actual 2110.0 Unit3 Rent Actual 2350.0 Unit4 Rent Actual 2300.0 Water Meter On Property

    Listing provided courtesy of Mark Bridge, Broker. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130