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Sq.Ft. Lot6,586
Year1944
Status:
Sold
Property Type:Residential Income (Multi-Family)
MLS #:NP20163323
Date Sold:1/5/2021
Lot Size:6,586 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Melissa Barnes
Office:Villa Real Estate
Great opportunity to own income property on one of Eastside Costa Mesa's premier streets! Front house is a quintessential 2 bedroom, 1 bath beach bungalow with spacious front and back yards, interior laundry and a one car garage. Rear unit is a one bedroom, one bath above the two car garage with open floorplan, soaring open beam ceilings and laundry hook-ups in garage. Quiet location with several remodeled homes surrounding. Close to beaches, 17th Street and Triangle square. Long term tenants on property. Property is being sold subject to seller securing replacement property which has been identified.
BACK ON THE MARKET - HUGE PRICE REDUCTION!!!! DON'T MISS THIS OPPORTUNITY
BACK ON THE MARKET - HUGE PRICE REDUCTION!!!! DON'T MISS THIS OPPORTUNITY
Detailed Maps
Community Information
Address:269 Walnut, Costa Mesa, CA 92627
Area:C5 - East Costa Mesa
County:Orange
City:Costa Mesa
Subdivision:Eastside South (Escm)
Zip Code:92627
Architecture
Year Built:1944
Stories:1, 2
Style:Bungalow
Number of Buildings: 2
Total Units: 3
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,250 actual rent•$2,250 total rent•$2,950 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,600 actual rent•$1,600 total rent•$2,000 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,100 actual rent•$1,100 total rent•$1,300 pro forma
Roof: Composition
Garage Spaces: 3.0
Carport Spaces: 2.0
Parking Features: Assigned
Parking Total: 5.0
Features / Amenities
Interior Features: High Ceilings, Open Floorplan
Appliances: Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
Laundry: Inside, In Garage, Laundry Room
Accessibility Features: Safe Emergency Egress from Home
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Window: Blinds, Drapes
Common Walls: 1 Common Wall
Heating: Central, Wall Furnace
Rooms
| Laundry |
| Kitchen |
Property Features
Lot Size:
0.15 Acres / 6,586 Sq. Ft.
Lot Features: Item01UnitAcre
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Road Frontage: Alley, City Street
Road Surface: Alley Paved
Fencing: Wood
Zoning:R2
Directions:Santa Ana to Walnut
Tax and Financial Info
Buyer Financing: Cash
Contingency: Sale of property contingent on Seller securing replacement property which has been identified
Gross Income: $59,400
Gross Scheduled Income: $59,400
Net Operating Income: $59,400
Terms: Cash, CashtoNewLoan, Item1031Exchange
Total Actual Rent: $4,950
Land Lease: No
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of February 2, 2023. 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, 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. IDX provided by Sierra Interactive.