758 W 20th St - Apartments FOR SALE


Costa Mesa, CA 92627- Westside Costa Mesa
$4,000,000 USD
951-756-0448
758 W 20th St, Costa Mesa, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/8
null | 4.53% Cap Rate

758 W 20th St
Costa Mesa, CA 92627
Westside Costa Mesa


HIGHLIGHTS

  • Newly Constructed Triplex & Renovated Fourplex
  • 4.53% Current Cap Rate
  • All Two-Bedroom Units, (1) Townhome Floorplan
  • Over $1,200,000 Invested Into the Asset
  • In-Unit Washer/Dryer (Landlord Owned), Ceiling Fans in Bedrooms, Canned Lights, Select Units have Private Patios, Central AC & Vaulted Ceilings
  • Desirable Westside Costa Mesa Location - Near Triangle Square & 17th Street Promenade

OVERVIEW

Unique 7-unit turnkey offering in Westside Costa Mesa combining a newly constructed triplex (2026) and a fully renovated fourplex on a single 9,211 SF parcel. 100% two-bedroom floorplans with an average unit size of 826 SF. Over $1,200,000 invested in renovations including full repipe, new flooring, updated kitchens and baths, new windows, and exterior improvements. No deferred maintenance. Minutes from Triangle Square, the 17th Street Promenade, and Newport Beach.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$692 USD /SF

# OF UNITS

7

PRICE/UNIT

$571,429

CAP RATE

4.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,250 SF

ZONING

R3

APN/PARCEL ID

422-281-19

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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