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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW25240092
HOA Y/N No
Year Built 1963
Property Sub-Type Apartment
Property Description
We are pleased to present a turn key 6-unit asset located in the heart of Costa Mesa. This property consists of six fully renovated, 2 bed/1.5 bath townhome-style units - each spanning over 1100 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, central A/C, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. Over a 5% cap rate on current rents, this asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description Irregular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 14113423
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Chris Keramati Triqor Group chris@triqorgroup.com
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