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  • Listing Provided by: 

    Christopher Pettit DRE #01983950,

    Skyline Commercial Real Estate

    $5,000,000

    287 16th Pl, Costa Mesa, CA 92627

    16beds
    --baths
    9,049sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $5,351,900 Zestimate®
    $553/sqft
    $-- HOA

    What's special

    Premium Eastside Costa Mesa rental location. One of only a few 5+ buildings below 17th St and bordering Newport Heights, the property is walking distance to all of the hip retail, shopping, bars, and restaurants that line 17th St., while providing tenants a nice place to live on a quiet street. Rare opportunity to own this 8 unit apartment complex in an area with low rental supply/vacancy and rarely available properties. The high desirability makes the units easy to rent upon any turnover, resulting in a great long term investment as housing and rents in the area continue to appreciate.

    Zillow last checked: 7 hours ago

    Listing updated: September 01, 2023 at 08:25am

    Listing Provided by:

    Christopher Pettit DRE #01983950,

    Skyline Commercial Real Estate

    Bought with:

    Christopher Pettit, DRE #01983950

    Skyline Commercial Real Estate

    Source: CRMLS,MLS#: OC23060572MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Community, Laundry Closet, In Kitchen
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 9,049
    • Total interior livable area: 9,049 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Assigned, Carport, Paved, Garage, Open
    • Garage spaces: 2
    • Carport spaces: 6
    • Covered spaces: 8
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Individual Entry
    • Pool features: None
    Lot
    • Size: 0.30 Acres
    • Features: Front Yard
    Details
    • Parcel number: 42522108
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Costa Mesa
    • Subdivision: Other (OTHR)

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 274560

    Other

    Other facts
    • Income includes: Laundry
    Services availability
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    Estimated market value

    $5,351,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $5,351,900