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Key Details
Sold Price $2,880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID NP21067078
Year Built 1959
Lot Size 0.350 Acres
Property Description
Eastside Costa Mesa Multi-Family Property for sale located at 318 Ogle on the ocean side of 17th St. Bordering Newport Beach, the property includes 5 individual 2 bedroom 1 bathroom homes that have single car garages and private backyards. Each unit is a free-standing home with no attached walls. 318 Ogle is a great opportunity for a developer looking for the next centrally located project. The property is zoned R2 medium density, situated on a 15,189 square foot lot (.35 Acre), with one of the best multifamily locations on the Coast. 318 Ogle St borders the coveted neighborhood of Newport Heights and it is prime for a value add or redevelopment project. The location has a high walkability score as it is within walking distance to Newport Heights Elementary School or a short bike ride to Ensign Middle School and Newport Harbor High. The proximity to 17th Street allows residents access to wonderful shopping and restaurants. The seller is selling the property as is with all the leases in place. All leases are month to month.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry Inside, In Garage
Exterior
Parking Features Direct Access, Driveway Level, Driveway, Garage, On Site
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks, Urban, Park
Utilities Available Electricity Available, Natural Gas Available, Water Available
Building
Lot Description Near Park, Rectangular Lot, Walkstreet, Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Scott Maples • Legato Land Company
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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