Residential Income Details
223 and 225 23rd Street consist of five free-standing cottages on a 20,000+ SF lot in desirable, quiet Eastside Costa Mesa! R-1 zoning. There are 3 two bedroom units, 1 three bedroom unit, and a one bedroom. Each cottage has one bath. Four have private single car garages. Cottages are also very private, and some have large, private yards. Current rents are substantially below market- please refer to pro forma rents. This is a great opportunity to build value by remodeling the current units or keeping as-is. The excellent location is close to freeways, the back bay trail system, great restaurants and shopping on 17th Street, and just a few miles to the sandy beaches of Newport! Inspection of interior units is subject to accepted offer.
|Number of Units||5|
|Status||Active Under Contract|
|Listing Brokerage||Villa Real Estate|
|Listing Agent||Timothy Carr|
|Listing Agent BRE #||01017277|
|Co-Listing Agent||Sue Young|
|Co-Listing Agent BRE #||01087631|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, October 4, 2018.
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