$1,380,000
$1,499,500
8.0%For more information regarding the value of a property, please contact us for a free consultation.
5,998 Sqft Lot
SOLD DATE : 09/23/2022
Key Details
Sold Price $1,380,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision College Park (Colp)
MLS Listing ID PW22096374
Sold Date 09/23/22
HOA Y/N No
Year Built 1958
Lot Size 5,998 Sqft
Property Description
Pleased to present the opportunity to acquire Rutgers Apartments, a well-maintained pride of ownership apartment building located in the heart of Costa Mesa. This property sits minutes from the California coastline and is ideally located near major freeways, providing ease of access to central business hubs. All units are 2-bedroom 1-bath featuring large patios/balconies, in unit washer and dryers, and amenities such as tile and laminate wood flooring, granite countertops, and stainless-steel appliances. This property offers an investor the opportunity to acquire a well-maintained asset with approximately 44% upside in rents.
Location
State CA
County Orange
Area C4 - Central Costa Mesa
Interior
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 41906208
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Nick Skawinski • First Team Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "