181 Cecil Pl - Apartments FOR SALE


Costa Mesa, CA 92627- East Side Costa Mesa
$2,350,000 USD
951-756-0448
181 Cecil Pl, Costa Mesa, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/9
null | 2.38% Cap Rate

181 Cecil Pl
Costa Mesa, CA 92627
East Side Costa Mesa


HIGHLIGHTS

  • 1991 Construction
  • (2) Townhome-Style Units
  • All 3B/2.5B Units (Approx. 1,633 SF Each)
  • Each Unit Has Washer & Dryer Hookups, Private Patios and Direct-Access Two-Car Garage
  • Upside Potential - Current Rents are Below Market

OVERVIEW

Built in 1991, this multifamily property delivers two spacious townhome-style units in one of Orange County's most desirable submarkets. Each three-bedroom unit includes a private patio, in-unit washer and dryer hookups, and a direct-access two-car garage. Current rents are below market, offering upside potential.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$720 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,175,000

CAP RATE

2.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,084 SF

ZONING

R2-MD

APN/PARCEL ID

426-062-09

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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