This is the first time this property has ever been offered for sale by the Original ownership/developer family. Well located, value-add opportunity of four units in the very desirable Eastside Costa mesa apartment submarket. There are (4) approximately 850 Sq. Ft. 2-bed, 1-bath units. The owner keeps one unit for their personal use. This unit interior has crown molding, raised panel doors, two tone paint, upgraded door casing, newer baseboards, newer custom kitchen cabinets, recessed lighting, scraped ceilings, dishwasher and custom tiled shower/tub enclosure.
There are nice floor to ceilings built-ins in the living rooms of all units. one unit has wide plank flooring throughout, while others have a combination of vinyl, simulated hardwood, and carpet. Bathrooms have vinyl or tile flooring. Each unit has an eating nook and all interior are light and bright. There is a great opportunity privatize and activate the lower front units' front yards by hedging and gating the space to allow residents the privacy and extra living area which can be utilized year round. The building is located walking distance to the 17th Street retail corridor. Income shown is market. See proforma.
7-page Marketing Flyer and Rental Statement.