3025 Jeffrey Dr - Apartments FOR SALE


Costa Mesa, CA 92626
$1,899,000 USD
951-756-0448
3025 Jeffrey Dr, Costa Mesa, CA for Sale
$1,899,000 USD
Apartments - FOR SALE
1/8
null | 3.78% Cap Rate

3025 Jeffrey Dr
Costa Mesa, CA 92626


HIGHLIGHTS

  • One-, Two-, & Three-Bedroom Units
  • Value-Add Asset - Current Rents are Below Market
  • Recent Capital Improvements Completed, New Electrical Panels, Windows, Flooring, Cabinetry, Countertops, Appliances, Bathrooms & Finishes Throughout
  • Each Unit has Private Outdoor Space or Balcony, Individual Washer & Dryer Hookups in Each Garage
  • Well Parked with (3) Private Garages & (2) Open Spaces

OVERVIEW

Situated in a well-established Costa Mesa pocket, this three-unit property offers a versatile mix of one-, two-, and three-bedroom floorplans with spacious layouts. Each unit has a private balcony or outdoor space and individual washer/dryer hookups. Private garages plus open parking keep the property well served. Recent capital improvements completed. Current rents are below market, with meaningful room to grow as leases turn.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$658 USD /SF

# OF UNITS

3

PRICE/UNIT

$633,000

CAP RATE

3.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,149 SF

ZONING

R3

APN/PARCEL ID

418-122-07

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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