HOUSEHUNT

300 Santa Isabel Avenue
Costa Mesa, CA 92627

0
bed
0
bath
$1,649,000
price

300 Santa Isabel Avenue
Costa Mesa, CA 92627

0
bed
0
bath
$1,649,000
price
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Community Specialist
Surterre Properties
CA BRE#02051059
949-288-4178
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Description
Rare opportunity to own a multi-unit investment property in the highly desirable neighborhood of east side costa mesa. This triplex features three units each consisting of: two bedrooms, one and half bathrooms, and approximately 1,380 square feet. Each floor plan features a large family room with a fireplace that opens to the dining area and kitchen. All units include large bedrooms, plenty of storage, and interior washer/dryer hook ups. End units, a and c, include direct access to their single car garage and feature private side yards. The interior unit b, includes a detached one car garage and boasts a fantastic patio area perfect for entertaining. The lot affords four additional exterior parking spots. Current rental rates are well below market value. Conservative pro forma rents are $2,100 plus allowing an investor to further improve revenue and value. This triplex is a short walk to the hiking and biking trails in newport’s back bay, a short drive to the hub of 17th street featuring world class restaurants and entertainment, and centrally located with quick access to the 55, 405, and 5 freeways. Just minutes from the coast line, south coast plaza, triangle square, and fashion island. Do not miss this great opportunity to own a multi-unit investment property in the most prestigious rental market in the city!
Key Details
Bedrooms: 0
Bathrooms: 0
Sq. Ft.: 0
Lot Size: 0.1800 Acres
Property Type: Land
Features
Family/Great Rm
Laminate
Two+ Story
Wall to Wall Carpet
Listing Agent: John Katnik
Broker: Katnik Brothers R.E. Services Broker Phone: 7144861419
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Price Term Down Payment Rate

Down Payment Amount
Mortgage Amount

Mortgage Payment$23,416.34
Copyright © 2019 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Neighborhood Info
Costa Mesa - 92627
The vacancy rate of homes in 92627 is 4.12% with 36.56% of homes being owner-occupied. The median household income in 92627 is $64,105 per year with those between 25 and 44 having the highest median income at $70,995.
Schools Near 300 Santa Isabel Avenue Costa Mesa, CA 92627
Rating School Name Type Grade Distance
4
Heinz Kaiser Elementary School Public 3-6 0.68 mi
3
Estancia High School Public 9-12 2.26 mi
3
Victoria Elementary School Public K-5 2.65 mi

More schools in Costa Mesa
Neighborhood Demographic
Demographic in Costa Mesa - 92627
$64,105
Median Income
2.747
Avg Household Size
35.35
Median Age
26%
White Collars
55%
College Grad
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