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    3098 Mace Avenue

    Costa Mesa, CA 92626
    • $1,850,000
    • STATUS: CONTINGENT
    • ON SITE: 83 days
    • ID#: 302527878
    Under Contract
    UPDATED: 31 min ago
    $1,850,000
    • 9
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    THIS IS A GREAT AND EXTREMELY RARE OPPORTUNITY TO PURCHASE TWO FABULOUS SIDE BY SIDE "SPICE STREET 4-PLEXES" in a great rental area in Costa Mesa. You can purchase the subject property along with the court-yard adjacent 4-Plex at 3094 MACE AVE, which is currently on the market. Extremely well located in Costa Mesa's "Mesa Verde" area just a few miles to the beach. Easy access to the 405, 73 and 55 freeways. Very clean, beautiful and wide concrete paved and single loaded rear alley. Very large 4-Plex with THIS IS A GREAT AND EXTREMELY RARE OPPORTUNITY TO PURCHASE TWO FABULOUS SIDE BY SIDE "SPICE STREET 4-PLEXES" in a great rental area in Costa Mesa. You can purchase the subject property along with the court-yard adjacent 4-Plex at 3094 MACE AVE, which is currently on the market. Extremely well located in Costa Mesa's "Mesa Verde" area just a few miles to the beach. Easy access to the 405, 73 and 55 freeways. Very clean, beautiful and wide concrete paved and single loaded rear alley. Very large 4-Plex with approx. 5,215 sq.ft. of living space. The 3br. has a permitted add-on family room with 247 sq. ft. All large bedrooms (3br. is approx 1,947 sq. ft./2brs approx 1,100sq. ft. Lot is (73 x 120) or 8,760 sq. ft. All units have fireplaces. Two Double Garages, One Single Garage + 3 Parking Spaces. The property has been upgraded with all newer energy efficient Vinyl Dual Pane Windows making the units very quiet inside. All units have Central Forced Air Heating and the 3br. unit also has CENTRAL AIR CONDITION. All units have Ceiling Fans in all rooms. There is a central laundry room with washer and dryer owned by Seller and included in the purchase price. All units are in excellent condition and have good sized yards, patios or B-B-Q areas. No missed rents (to date of this listing) during Covid-19! Hurry to take advantage of this very rare and excellent opportunity to own two of the very nicest and largest side by side 4-plexes in Costa Mesa's very desirable "Spice Street Tract.

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/105965801
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    3098 Mace Avenue Costa Mesa, CA 92626

    • Price: $1,850,000
    • Status: CONTINGENT
    • Updated: 31 min ago
    • ID#: 302527878
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1969
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    Oc - Costa Mesa (92626)
    Property Description
    THIS IS A GREAT AND EXTREMELY RARE OPPORTUNITY TO PURCHASE TWO FABULOUS SIDE BY SIDE "SPICE STREET 4-PLEXES" in a great rental area in Costa Mesa. You can purchase the subject property along with the court-yard adjacent 4-Plex at 3094 MACE AVE, which is currently on the market. Extremely well located in Costa Mesa's "Mesa Verde" area just a few miles to the beach. Easy access to the 405, 73 and 55 freeways. Very clean, beautiful and wide concrete paved and single loaded rear alley. Very large 4-Plex with THIS IS A GREAT AND EXTREMELY RARE OPPORTUNITY TO PURCHASE TWO FABULOUS SIDE BY SIDE "SPICE STREET 4-PLEXES" in a great rental area in Costa Mesa. You can purchase the subject property along with the court-yard adjacent 4-Plex at 3094 MACE AVE, which is currently on the market. Extremely well located in Costa Mesa's "Mesa Verde" area just a few miles to the beach. Easy access to the 405, 73 and 55 freeways. Very clean, beautiful and wide concrete paved and single loaded rear alley. Very large 4-Plex with approx. 5,215 sq.ft. of living space. The 3br. has a permitted add-on family room with 247 sq. ft. All large bedrooms (3br. is approx 1,947 sq. ft./2brs approx 1,100sq. ft. Lot is (73 x 120) or 8,760 sq. ft. All units have fireplaces. Two Double Garages, One Single Garage + 3 Parking Spaces. The property has been upgraded with all newer energy efficient Vinyl Dual Pane Windows making the units very quiet inside. All units have Central Forced Air Heating and the 3br. unit also has CENTRAL AIR CONDITION. All units have Ceiling Fans in all rooms. There is a central laundry room with washer and dryer owned by Seller and included in the purchase price. All units are in excellent condition and have good sized yards, patios or B-B-Q areas. No missed rents (to date of this listing) during Covid-19! Hurry to take advantage of this very rare and excellent opportunity to own two of the very nicest and largest side by side 4-plexes in Costa Mesa's very desirable "Spice Street Tract.
    Exterior Features

    Irrigation Sprinklers Pool N/K Site Sidewalks Topography Level

    Interior Features

    Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

    Property Features

    Actual Cap Rate 3.91 Annual Expense Actual 33254 Buildings 1 Gross Rent Multiplier Actual 17.19 Gross Scheduled Income Actual 106440 Sewer Septic Sewer Connected Tenant Pays Cable TvElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2995.0 Unit2 Rent Actual 2000.0 Unit3 Rent Actual 1900.0 Unit4 Rent Actual 1975.0 Water Meter On Property

    Listing provided courtesy of New Dimension Investment Prop. Listing information © 2020 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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