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    220 Monte Vista Avenue

    Costa Mesa, CA 92627
    • $1,679,000
    • STATUS: CONTINGENT
    • ON SITE: 11 days
    • ID#: 302998403
    Under Contract
    UPDATED: 55 min ago
    $1,679,000
    • 4
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laund The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.

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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/113239818
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    220 Monte Vista Avenue Costa Mesa, CA 92627

    • Price: $1,679,000
    • Status: CONTINGENT
    • Updated: 55 min ago
    • ID#: 302998403
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    Oc - Costa Mesa (92627)
    County:
    Orange
    Area:
    Oc - Costa Mesa (92627)
    Property Description
    The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laund The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.
    Exterior Features

    Exterior BrickStucco Irrigation Sprinklers Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Spa N/K

    Interior Features

    Cooling Central Forced AirOther/Remarks Heat Equipment Forced Air Unit Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Water Heater Type GasTankless

    Property Features

    Annual Expense Actual 19232 Buildings 3 Gross Scheduled Income Actual 90300 Home Owners Fees 0.0 Possession Close Of Escrow Tenant Pays Cable Tv Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3375.0 Unit2 Rent Actual 2400.0 Unit3 Rent Actual 1750.0 Zoning Assessor

    Listing provided courtesy of Compass. 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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