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287 16th Place
287 16th Place
287 16th Place
287 16th Place
287 16th Place
287 16th Place
287 16th Place
287 16th Place
287 16th Place
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$5,000,000

287 16th Place

9,049 Sq.Ft.

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.

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Location

287 16th Place, Costa Mesa, CA 92627

Status

Sold
Chris Pettit

Chris Pettit

TITLE

Founder

Property Amenities

Interior
Laundry room Common Area, Laundry Closet, In Kitchen
Fireplace None
Area & Lot
Lot Area 0.3 Acres
Living area 9,049 Sq.Ft.
MLS® ID OC23060572
Year Built 1963
Type Condo
Status Sold
Exterior
Stories 2
Pool None
Air conditioning None
Heat type Central
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Assigned, Carport, Door-Single, Garage, Paved, Uncovered
Lot Features Front Yard
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance
Sales Price $5,000,000
Maintenance Fee $6,000 monthly
Real Estate Tax $60,476 yearly

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