$2,450,000
$2,935,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
135 Broadway Costa Mesa, CA 92627
3,000 SqFt
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $816
Subdivision Other (Othr)
MLS Listing ID PW22120993
Sold Date 02/23/23
HOA Y/N No
Year Built 1936
Lot Size 7,797 Sqft
Acres 0.179
Property Description
**HIGHLY MOTIVATED SELLER, PRICE REDUCED $215,000** We are pleased to offer this rare R2-HD zoned 7-unit apartment community, located at 135-37 Broadway on Costa Mesa's Eastside. This is the first time this building has ever been listed for sale and is being sold by the original builder's family. The building is comprised of (6) Studio units and (1) 1Bedroom/1-Bathroom unit. It is located just across the street from The Triangle and within walking distance of the E. 17th Street shopping and dining district. This opportunity offers investors the ability to renovate the current units and move rents up with the potential for 53% in the rental upside. The property zoning also off investors a long-term exit strategy for higher-density development.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Item610UnitsAcre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 42545122
Energy Description 5250.0
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Cameron Jacques • Kinnery's Brokerage House