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Sold for $2,300,000 on 12/18/24
  • Listing Provided by: 

    Nick Gould DRE #01521955 ng@gouldgroupinc.com,

    Gould Group Inc

    Bought with: Century 21 Masters
    $2,300,000

    263 E 16th Pl, Costa Mesa, CA 92627

    8beds
    4baths
    3,770sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $2,368,100 Zestimate®
    $610/sqft
    $-- Estimated rent

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    $14,281/mo

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    What's special

    Discover a prime investment opportunity with this added-value, four-unit property in one of Costa Mesa’s most desirable locations. Situated just steps from E. 17th Street, Newport Heights, and within reach of several top-ranked public schools in Orange County, this property is ideally positioned for convenience and long-term value. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 943 square feet of living space, complete with a single-car garage and additional off-street parking, ensuring tenant comfort and ample parking solutions. Residents will enjoy the convenience of an onsite laundry facility and a communal courtyard perfect for relaxation and social gatherings. This property represents a fantastic opportunity for investors looking to capitalize on the high demand in a premier Costa Mesa location.

    Zillow last checked: 8 hours ago

    Listing updated: December 18, 2024 at 04:19pm

    Listing Provided by:

    Nick Gould DRE #01521955 ng@gouldgroupinc.com,

    Gould Group Inc

    Bought with:

    Yolla Zogheib, DRE #01033743

    Century 21 Masters

    Source: CRMLS,MLS#: NP24232571MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Appliances
    • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Outside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,770
    • Total interior livable area: 3,770 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,970 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 42522103
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Costa Mesa
    • Subdivision: Eastside Heights (Ehcm)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
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    Estimated market value
    $2,368,100