Welcome to an unparalleled investment opportunity in the heart of a highly coveted Eastside Costa Mesa neighborhood. This property boasts a modest yet promising property—a cozy 1-bedroom, 1-bathroom home spanning 520 square feet, situated on a generous 5,741 square foot lot.
This property presents a blank canvas for investors seeking to capitalize on its prime location and zoning allowances. Zoned R3 with the flexibility to develop 2 units, the possibilities for maximizing return on investment are extensive.
The allure of this property lies not only in its investment potential but also in its sought-after Eastside neighborhood. Known for its charm, convenience, and strong market demand, the area promises enduring value and appeal.
Don't miss this rare chance to transform this property into a lucrative venture. Whether you're a seasoned investor or someone looking to capitalize on the burgeoning real estate market, this opportunity is not to be overlooked. Schedule a showing today and unlock the possibilities that await in this investor's dream property.
Sold for $1,199,000 on 03/12/24
Listing Provided by:
Meagan Patterson DRE #02159903 310-318-9386,
BerkshireHathaway HomeServices
Bought with: LMB Enterprises
$1,199,000
241 Ogle St, Costa Mesa, CA 92627
1beds
520sqft
Single Family Residence
Built in 1947
5,741 Square Feet Lot
$1,566,100 Zestimate®
$2,306/sqft
$2,886 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 13, 2024 at 04:22pm
Listing Provided by:
Meagan Patterson DRE #02159903 310-318-9386,
BerkshireHathaway HomeServices
Bought with:
Larry Birnbaum, DRE #01363487
LMB Enterprises
Source: CRMLS,MLS#: SB24033591
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down, Bedroom on Main Level
- Flooring: Carpet
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 520 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Fencing: Block
- Has view: Yes
- View description: None
Lot
- Size: 5,741 sqft
- Features: 0-1 Unit/Acre, Back Yard, Front Yard, Street Level
Details
- Parcel number: 42520210
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Costa Mesa
- Subdivision: ,Other
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
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Estimated market value
$1,566,100