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    2039 Pomona Avenue

    Costa Mesa, CA 92627
    • $2,550,000
    • STATUS: PENDING
    • ON SITE: 16 days
    • ID#: 302992139
    Pending
    UPDATED: 39 min ago
    $2,550,000
    • 5
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Unique and rare 7 unit building on Westside Costa Mesa on a large buildable lot. Property consists of one free standing 1bd/1ba cottage with good sized yard, a duplex with two 1bd/1ba units and private patios, one upstairs studio, one upstairs 2bd/1ba apartment, another free standing 2bd/1ba unit with a large private yard and a free standing home with a private back yard. Corner lot with good light, 6 or 7 enclosed garages plus off-street and on-street parking. Property has lots of potential and upside. P Unique and rare 7 unit building on Westside Costa Mesa on a large buildable lot. Property consists of one free standing 1bd/1ba cottage with good sized yard, a duplex with two 1bd/1ba units and private patios, one upstairs studio, one upstairs 2bd/1ba apartment, another free standing 2bd/1ba unit with a large private yard and a free standing home with a private back yard. Corner lot with good light, 6 or 7 enclosed garages plus off-street and on-street parking. Property has lots of potential and upside. Presently leased to one non-profit entity but may be delivered vacant which would be great for a rehab opportunity. There is also a small storage building. At one time you could build 6 units, there, but you would need to check with city on present zoning requirements. PLEASE NOTE INCOME IS BASED ON PRO-FORMA, call for details.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/112978062
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    2039 Pomona Avenue Costa Mesa, CA 92627

    • Price: $2,550,000
    • Status: PENDING
    • Updated: 39 min ago
    • ID#: 302992139
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    Neighborhood:
    Oc - Costa Mesa (92627)
    County:
    Orange
    Area:
    Oc - Costa Mesa (92627)
    Property Description
    Unique and rare 7 unit building on Westside Costa Mesa on a large buildable lot. Property consists of one free standing 1bd/1ba cottage with good sized yard, a duplex with two 1bd/1ba units and private patios, one upstairs studio, one upstairs 2bd/1ba apartment, another free standing 2bd/1ba unit with a large private yard and a free standing home with a private back yard. Corner lot with good light, 6 or 7 enclosed garages plus off-street and on-street parking. Property has lots of potential and upside. P Unique and rare 7 unit building on Westside Costa Mesa on a large buildable lot. Property consists of one free standing 1bd/1ba cottage with good sized yard, a duplex with two 1bd/1ba units and private patios, one upstairs studio, one upstairs 2bd/1ba apartment, another free standing 2bd/1ba unit with a large private yard and a free standing home with a private back yard. Corner lot with good light, 6 or 7 enclosed garages plus off-street and on-street parking. Property has lots of potential and upside. Presently leased to one non-profit entity but may be delivered vacant which would be great for a rehab opportunity. There is also a small storage building. At one time you could build 6 units, there, but you would need to check with city on present zoning requirements. PLEASE NOTE INCOME IS BASED ON PRO-FORMA, call for details.
    Exterior Features

    Pool N/K Site Corner LotCurbs Spa N/K

    Interior Features

    Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 4.21 Annual Expense Actual 48630 Assessments N/K Buildings 6 Gross Rent Multiplier Actual 16.35 Gross Scheduled Income Actual 156000 Tenant Pays ElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 0.0 Zoning Assessor

    Listing provided courtesy of Newport Apartment Group. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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