Sold
Closed
233 Avocado Street
Costa Mesa CA, 92627
$7,250,000
$467.74 per sqft
Sold
Closed
15,500 sqft
Residential
Built in 1959
Listed by Brett Bayless with Brett Bayless, Broker 949-724-5570
We are pleased to present 221 1/2 - 233 Avocado Street, a 15 units + 2 Non-conforming unit multifamily community located in Costa Mesa, CA. The asset is built in 1954 and 1986 and situated on two separate parcels totaling 1.14 acres. The property features an excellent unit mix of Four - 2 bed / 2.5
bath townhomes built in 1986 with washer/dryer hookups, two-car garages, and private back patios, Ten - 2 bed / 1 bath single story detached cottages with washer/dryer hookups and one Single family home house split into One - 1 bed / 1 bath and two studios (non-conforming). There is significant income upside of approximately +/- 34%, providing investors an opportunity to increase the yield of a high quality asset located in on of the top rental markets of southern California.
OC22147273
MLSⓇ ID
July 6, 2022
Listed
August 28, 2024
Updated
Map
233 Avocado Street
Costa Mesa CA, 92627
Interior Features
Laundry Description
In Kitchen
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.84 Acres
Lot Features
Lot Over 40000 Sqft
Sewer
Public Sewer
Other Property Details
Area Name
C4 - Central Costa Mesa
Days on Market
137
Garage
Yes
Garage Spaces
22
Parking Total
22
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 949-887-2465
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/28/2024 at 10:29 PM UTC