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$9,499,000
Est. payment /mo
3 Beds
2 Baths
0.58 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25090611
Bedrooms 3
HOA Y/N No
Lot Size 0.583 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Split between 313 and 325 E. 17th Place, (12 and 10 units, respectively) these two contiguous parcels with separate APNs hold six 1-bed/1-bath and sixteen 2-bed/1-bath units. There are 22 units laid out in a classic two-story garden-style format with central courtyards. Its the kind of property people point at and say, WOW, thats your building? Yeah. That one. This 22 unit gem is tucked just behind the electric pulse of OCs it place 17th Street, in the heart of Eastside Costa Mesa, where coastal chill meets creative grit. This neighborhood doesnt just check boxes it defines lifestyle. Its a place where surfboards share garage space with stylish startups and where renters NEED to stay. Youre minutes from Newport Beach, a quick shot to South Coast Plaza or Fashion Island, but the real draw is right here: the magnetic energy of the Eastside. For multifamily investors, this isnt an up-and-comer its a fully-arrived market thats only headed in one direction: up. 80% of the units have been updated with modern finishes and LVP flooring, while the infrastructure holds strong: copper plumbing repipe, roof replaced within the last ~10 years, termite tented ~5 years ago, individual water heaters, and separate gas/electric meters. Parking includes 8 garages and 10 additional spaces a serious edge in a neighborhood thats always buzzing. This is a cashflowing asset with curb appeal, street cred, and upside a pride-of-ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.
Split between 313 and 325 E. 17th Place, (12 and 10 units, respectively) these two contiguous parcels with separate APNs hold six 1-bed/1-bath and sixteen 2-bed/1-bath units. There are 22 units laid out in a classic two-story garden-style format with central courtyards. Its the kind of property people point at and say, WOW, thats your building? Yeah. That one. This 22 unit gem is tucked just behind the electric pulse of OCs it place 17th Street, in the heart of Eastside Costa Mesa, where coastal chill meets creative grit. This neighborhood doesnt just check boxes it defines lifestyle. Its a place where surfboards share garage space with stylish startups and where renters NEED to stay. Youre minutes from Newport Beach, a quick shot to South Coast Plaza or Fashion Island, but the real draw is right here: the magnetic energy of the Eastside. For multifamily investors, this isnt an up-and-comer its a fully-arrived market thats only headed in one direction: up. 80% of the units have been updated with modern finishes and LVP flooring, while the infrastructure holds strong: copper plumbing repipe, roof replaced within the last ~10 years, termite tented ~5 years ago, individual water heaters, and separate gas/electric meters. Parking includes 8 garages and 10 additional spaces a serious edge in a neighborhood thats always buzzing. This is a cashflowing asset with curb appeal, street cred, and upside a pride-of-ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.
Split between 313 and 325 E. 17th Place, (12 and 10 units, respectively) these two contiguous parcels with separate APNs hold six 1-bed/1-bath and sixteen 2-bed/1-bath units. There are 22 units laid out in a classic two-story garden-style format with central courtyards. Its the kind of property people point at and say, WOW, thats your building? Yeah. That one. This 22 unit gem is tucked just behind the electric pulse of OCs it place 17th Street, in the heart of Eastside Costa Mesa, where coastal chill meets creative grit. This neighborhood doesnt just check boxes it defines lifestyle. Its a place where surfboards share garage space with stylish startups and where renters NEED to stay. Youre minutes from Newport Beach, a quick shot to South Coast Plaza or Fashion Island, but the real draw is right here: the magnetic energy of the Eastside. For multifamily investors, this isnt an up-and-comer its a fully-arrived market thats only headed in one direction: up. 80% of the units have been updated with modern finishes and LVP flooring, while the infrastructure holds strong: copper plumbing repipe, roof replaced within the last ~10 years, termite tented ~5 years ago, individual water heaters, and separate gas/electric meters. Parking includes 8 garages and 10 additional spaces a serious edge in a neighborhood thats always buzzing. This is a cashflowing asset with curb appeal, street cred, and upside a pride-of-ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.
Location
State CA
County Orange
Area Oc - Costa Mesa (92627)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $397
Acceptable Financing Cash, Conventional
Space Rent $2,620
Listing Terms Cash, Conventional
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Listed by Christian Walsh • Berkshire Hathaway HomeServices California Properties
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