574 Joann ST, Costa Mesa, CA 92627 – OC21044571 - Paul Ward

$2,980,000

Est. payment -/mo

Est.Price: ?

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0.28 Acres Lot

SOLD DATE : 04/30/2021

Key Details

Sold Price $2,980,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID OC21044571

Year Built 1959

Lot Size 0.280 Acres

Property Description

Great 8 unit complex on 2 lots 574 and 578 Joann Street. This is a turnkey pair of 4 plexes with gated courtyard in the middle and is in a Fabulous location right next to Costa Mesa Golf course. Near by shopping, restaurants and schools. All 8 units are totally remodeled, 7 units just a few years ago and 1 unit just completed. The Roof and exterior paint are new with in the last few years too. The units are all rented at 1800 except one at 1850. Very easy to rent, vacancy has never been a problem here. Rents could be raised to get higher return. You also could do 2 separate loans because each 4 plex has its own APN #.

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Interior

Heating Wall Furnace

Fireplaces Type None

Laundry Laundry Room

Exterior

Parking Features Assigned

Pool None

Community Features Curbs, Golf, Sidewalks, Gated

View Y/N Yes

View City Lights, Golf Course

Building

Lot Description 6-10 Units/Acre, Front Yard, Street Level

Story 2

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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Paul Ward

paul@homeandranchteam.com +1(805) 479-5004

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Jill Daley-Burnett • Regency Real Estate Brokers
Bought with Aneeta Kumar • Keller Williams Realty

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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