Costa Mesa, CA 92627,287 16th PL
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Costa Mesa, CA 92627,287 16th PL
Costa Mesa, CA 92627,287 16th PL
Costa Mesa, CA 92627,287 16th PL
Costa Mesa, CA 92627,287 16th PL

$5,000,000

Est. payment /mo

$5,250,000

4.8%
Est.Price: ?

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287 16th PL Costa Mesa, CA 92627

0.3 Acres Lot

SOLD DATE : 09/01/2023

Key Details

Sold Price $5,000,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision ,Other

MLS Listing ID OC23060572

Sold Date 09/01/23

HOA Y/N No

Year Built 1963

Annual Tax Amount $60,476

Tax Year 2023

Lot Size 0.300 Acres

Property Description

Premium Eastside Costa Mesa rental location. One of only a few 5+ buildings below 17th St and bordering Newport Heights, the property is walking distance to all of the hip retail, shopping, bars, and restaurants that line 17th St., while providing tenants a nice place to live on a quiet street.

Rare opportunity to own this 8 unit apartment complex in an area with low rental supply/vacancy and rarely available properties. The high desirability makes the units easy to rent upon any turnover, resulting in a great long term investment as housing and rents in the area continue to appreciate.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Interior

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Closet, In Kitchen

Exterior

Parking Features Assigned, Carport, Door-Single, Garage, Paved, Uncovered

Garage Spaces 2.0

Carport Spaces 6

Garage Description 2.0

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 10

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 42522108

Acceptable Financing Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash to Existing Loan, Cash to New Loan, Conventional

Financing Assumed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christopher Pettit • Skyline Commercial Real Estate
Bought with Christopher Pettit • Skyline Commercial Real Estate
agent

Elena Flores

Agent | License ID: 01810024

+1(619) 952-5104

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