Costa Mesa, CA 92627,187 Magnolia ST
Costa Mesa, CA 92627,187 Magnolia ST
Costa Mesa, CA 92627,187 Magnolia ST
$1,713,000
Est. payment /mo
Est.Price: ?

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6,534 Sqft Lot
SOLD DATE : 06/24/2022

Key Details

Sold Price $1,713,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Eastside South (Escm)

MLS Listing ID NP22111488

Year Built 1948

Lot Size 6,534 Sqft

Property Description

More than meets the eye.... Here's two detached homes on one lot in a great lower Eastside Costa Mesa location. This has been a proven investment property for many years, but now may also be considered as a small home with an income property on-site. This property is in walking and biking distance from all the great shopping and dining destinations in the Eastside CM enclave, but just far enough away to be a quiet and peaceful residence to come home to. Treasured OC Beaches are a short bike ride away. The property consists of three total buildings. In the front, facing Magnolia, there is a Vacant Two Bedroom, One Bathroom detached Home with a Brick Fireplace, laminate flooring, laundry hookups and a front yard. In between the two homes are a garage with two single garages. In the rear is a Very Cool & Stylish Two Bedroom One Bathroom detached Home with a Fireplace, updated Kitchen, laminate flooring, laundry closet, and a private fenced in Porch and Yard. The Rear Home is occupied with a month-to-month lease @ $2,700/mo. In addition to the two-car garage, there is parking for additional cars in the driveway. The property includes convenient access to the alley in the rear. Each home has it's own Gas and Electricity meters. Please Do Not Disturb the current occupants while investigating this great opportunity..

Location

State CA

County Orange

Area C5 - East Costa Mesa

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Kitchen

Laundry In Carport, Outside

Exterior

Parking Features Door-Multi, Driveway, Garage, Garage Faces Side

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Building

Lot Description Rectangular Lot

Story 1

Foundation Raised, Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jeffrey Butcher • Pacific Coast Realty Group
Bought with Stephanie Hoeschele • Stephanie Hoeschele

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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