2168 Placentia Avenue, Costa Mesa, CA 92627

$3,100,000
List Price
$3,100,000
Status
ACTIVE UNDER CONTRACT
MLS#
NP24029247
Year Built
1961
Lot Size
17,385
Acres
0.40
Lot Location
Rectangular Lot
Days on Market
18
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level
Neighborhood
N/A

Property Description

Welcome to 2168 Placentia in Costa Mesa - the Capital of Cool. Two newly constructed additional units added in 2023, each with 2 bedrooms, 2 baths, in-unit laundry, paid off solar panels and attached garages and are separately metered. The other four units have all been renovated with new kitchens, bathrooms, flooring, re-piped with pex, upgraded electrical and subpanels. A new roof is currently being replaced on one of the buildings. The location benefits from being within a Measure K corridor and adjacent to a Qualified Opportunity Zone. Located close to desirable retail, shopping, bike and walkability, and Orange County's best beaches.

Additional Information

Appliances
Gas Range, Refrigerator
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Shingle
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Interior Features
Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$204,912
Operating Expense
56434

Listing courtesy of Listing Agent: Daniel Morgan (daniel@marterra.com) from Listing Office: Marterra Real Estate.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.