Costa Mesa, CA 92626,3038 Coolidge AVE
$1,250,000
$1,250,000
Est.Price: ?

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6,098 Sqft Lot

3038 Coolidge AVE Costa Mesa, CA 92626

Est. payment /mo
SOLD DATE : 12/09/2021

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Key Details

Sold Price $1,250,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Costa Mesa Residential Income (Cmri)

MLS Listing ID NP21229076

Sold Date 12/09/21

HOA Y/N No

Year Built 1962

Lot Size 6,098 Sqft

Property Description

Amazing opportunity to own 3 units in an absolute prime location of Costa Mesa! Just 100 yards from Paularino elementary school, 3/4 mile from South Coast Plaza, 2 miles from John Wayne airport and close to Orange Coast College, the 405 / 73 / and 55 freeways as well as the beach. The spacious 3166 sq ft property consists of a front single story 2 bedroom/ 1 bath unit and two - 2 bedroom / 1.5 bath two story townhouse style units each with its own patio, garag, extra parking space and each unit has its own interior laundry. The current rents are $2,275, $1,925 and $1,800 for a total gross income of $72,000 annual with room for upside in rents. Expenses are actual. Property is fully occupied so please drive by only, do not walk the property or contact any tenants. Interior inspection with accepted offer. There is another similar triplex at 3041 Fillmore owned by same owner so possible 6 units. Well priced but warrants some improvement!

Location

State CA

County Orange

Area C3 - South Coast Metro

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 14114302

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by David Sanford • Newport Apartment Group
Bought with Sammer Mudawar • The Brokeredge

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Alan Shafran

CEO | License ID: 00969660

+1(760) 385-7838

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