Costa Mesa, CA 92627,383 16th PL
Costa Mesa, CA 92627,383 16th PL
Costa Mesa, CA 92627,383 16th PL
$1,700,000
Est. payment /mo
Est.Price: ?

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6,534 Sqft Lot
SOLD DATE : 11/17/2020

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW20225806

Year Built 1972

Lot Size 6,534 Sqft

Property Description

We are pleased to offer 383 16th Place, a stunning Spanish-style duplex located in Costa Mesa's premier Eastside neighborhood. Situated just blocks from Newport Beach and trendy 17th Street, this 2-unit investment property has been fully renovated with new kitchens, bathrooms, flooring, appliances, fixtures, windows, paint, backyards and more. The interiors rival that of model homes with high-end finishes throughout. Each 3BR/2.5BA townhome-style unit features a fireplace, a master suite with a private balcony, and a large fenced private patio with a power extendable awning. Additionally, the 383 16th Place duplex offers a free-standing 2-car garage, which should qualify to be converted to an ADU under California standards, and can drastically improve cash-flow to a new investor. (Buyer to verify exact ADU qualifications/requirements with the city; contact Listing Agent for additional information). This is a true turn-key asset that would be an excellent addition to any investor’s portfolio. *Property is currently vacant. All income numbers are pro forma. **Buyer to verify exact ADU qualifications/requirements with the city; contact listing agent for additional information.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Interior

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Building

Lot Description 0-1 Unit/Acre

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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California Regional MLS (CRMLS)
Listed by Damien Breaux • Morgan Skenderian
Bought with Nancy Moeller • Seven Gables Real Estate

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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