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Listing 3 out of 500
$3,975,000 New For Sale

175 E 21st Street
Costa Mesa, CA 92627

6 units | Multi Family Home
18731 sq ft - MLS# NP18285960
Property Photo
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Description

Exciting 6 unit investment opportunity in sought-after Eastside Costa Mesa. This updated and remodeled property offers exceptional curb appeal with modern finishes amongst the 6 apartment units, each featuring 3 bedrooms and 2 baths. Each unit is thoughtfully upgraded with quartz countertops, stainless steel appliances, wood-style flooring, plush carpet, and neutral paint tones. Rare and noteworthy features available in each apartment include fireplace, washer/dryer hook-ups, private patio or yard space, and 1-car direct access garage in addition to two assigned parking spaces per unit. This remarkable property is conveniently located a stone's throw from popular shopping and dining, Back Bay trails, the shores of Newport Beach, and is located within the Newport-Mesa School District.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92627
  • Year Built: 1976
  • Subdivision/Neighborhood: Other
  • Stories: Two
  • Units: 6 units
  • # of Parking Spaces: 18.00
  • Fireplace: Living Room, Yes
  • Lot Size: 18731 sq ft
  • Area: C5 - East Costa Mesa
  • Appliances: Dishwasher, Gas Range, Microwave
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 6906.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.00
  • Community Features: Sidewalks, Storm Drains, Street Lighting
  • Country: US
  • Directions: Newport Blvd. or Irvine Avenue to 21st Street
  • Flooring: Carpet, Laminate
  • Garage Spaces: 6.00
  • Gardener Expense: 2100.00
  • Gross Income: 230000.00
  • Gross Scheduled Income: 230000.00
  • Heating: Wall Heater
  • Heating YN: Yes
  • Insurance Expense: 3270.00
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01187466
  • Listing Office License: 01991628
  • Lot Features: Landscaped, Walkstreet
  • Lot Size Area: 18731.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 161000.00
  • New Taxes Expense: 39750.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Operating Expense: 69000.00
  • Property Condition: Updated/Remodeled
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 69000.00
  • Uncovered Spaces: 12.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Compass, Heather Kidder

Agent Mary Lou Skowronski
Mary Lou Skowronski DRE: 01398486 / Broker DRE: 01317331
Berkshire Hathaway HomeServices California Properties
1400 Newport Center Drive, #200 - Newport Beach, CA 92660

© “2018” BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate,and a franchisee of  BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of  America, Inc.® Equal Housing Opportunity. Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC.  BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property,  Information obtained from various sources and will not be verified by broker or MLS. 

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Designations Ranks Agent Mary Lou Skowronski in the
Top 7% of Realtors Nationwide!
NABPOP BPO Certified Property Valuator, CPRES Certified Probate/Trust Real Estate Specialist, Investor Certified Realtor, ePRO – Internet Marketing Professional, 
Luxury Property Specialist, AREAA – Asian Real Estate Association of America, Designer and Accredited Home Staging Specialist,
REO and Short Sale Specialist, PSC Mastery HAFA Foreclosure Prevention Counselor

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