$1,713,000
$1,755,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
187 Magnolia ST Costa Mesa, CA 92627
6,534 Sqft Lot
Key Details
Sold Price $1,713,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside South (Escm)
MLS Listing ID NP22111488
Sold Date 06/24/22
HOA Y/N No
Year Built 1948
Lot Size 6,534 Sqft
Property Description
More than meets the eye.... Here's two detached homes on one lot in a great lower Eastside Costa Mesa location. This has been a proven investment property for many years, but now may also be considered as a small home with an income property on-site. This property is in walking and biking distance from all the great shopping and dining destinations in the Eastside CM enclave, but just far enough away to be a quiet and peaceful residence to come home to. Treasured OC Beaches are a short bike ride away. The property consists of three total buildings. In the front, facing Magnolia, there is a Vacant Two Bedroom, One Bathroom detached Home with a Brick Fireplace, laminate flooring, laundry hookups and a front yard. In between the two homes are a garage with two single garages. In the rear is a Very Cool & Stylish Two Bedroom One Bathroom detached Home with a Fireplace, updated Kitchen, laminate flooring, laundry closet, and a private fenced in Porch and Yard. The Rear Home is occupied with a month-to-month lease @ $2,700/mo. In addition to the two-car garage, there is parking for additional cars in the driveway. The property includes convenient access to the alley in the rear. Each home has it's own Gas and Electricity meters. Please Do Not Disturb the current occupants while investigating this great opportunity..
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Kitchen
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Range, Microwave, Range Hood
Laundry In Carport, Outside
Exterior
Parking Features Door-Multi, Driveway, Garage, Garage Faces Side
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 42523113
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Stephanie Hoeschele • Stephanie Hoeschele