2027-2029 Harbor Boulevard - Multi-Family FOR SALE


Costa Mesa, CA 92627- Westside Costa Mesa
$5,495,000 USD
951-756-0448
2027-2029 Harbor Boulevard, Costa Mesa, CA for Sale
$5,495,000 USD
Multi-Family - FOR SALE
1/14
null | 5.21% Cap Rate

2027-2029 Harbor Boulevard
Costa Mesa, CA 92627
Westside Costa Mesa


HIGHLIGHTS

  • 5.21% Current Cap Rate
  • Turnkey Property Includes a Street-Front Retail Building & (12) Multifamily Units
  • Studio, One-, Two-Bedroom Units, Select Units Have Single-Story Construction
  • Over $1.2M in Recent Capital Improvements
  • In-Place RUBS, Community Laundry Room
  • Strong Costa Mesa Location (Walk Score: 85)

OVERVIEW

Harbor Mesa Luxury Apartments is a mixed-use property that consists of street-front retail building and 12 apartment units located at 2027-2029 Harbor Boulevard, Costa Mesa. The property offers investors the highest current cap rate in the city of Costa Mesa at 5.21%. Harbor Mesa Luxury Apartments offers a range of unit options for potential tenants including studio, one- and two-bedroom floorplans. The asset has recently undergone renovations with ownership spending over $1,200,000 in recent renovations including major systems, interior and exterior updates.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$734 USD /SF

# OF UNITS

13

PRICE/UNIT

$422,692

CAP RATE

5.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Mesa Luxury Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,920 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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