280 16th St., Costa Mesa, CA 92627

$2,550,000
List Price
$2,550,000
MLS#
NP24002007
Status
ACTIVE
Type
Multifamily

Property Description

280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). WILL NOT BE SOLD SEPARATELY. Both properties well maintained with great rental history and leases in place. Two 2 bed 1 bath units. One lease ends in May 2024 another ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest. Pics tomorrow.

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Courtesy of Newman Properties, Inc, Jeffrey Newman.