Costa Mesa, CA 92626,3123 Cinnamon Avenue
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Costa Mesa, CA 92626,3123 Cinnamon Avenue
Costa Mesa, CA 92626,3123 Cinnamon Avenue
Costa Mesa, CA 92626,3123 Cinnamon Avenue
Costa Mesa, CA 92626,3123 Cinnamon Avenue
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$ 2,150,000
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Active Under Contract

3123 Cinnamon Avenue Costa Mesa, CA 92626

9 Beds

4,614 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,614 sqft

Price per Sqft $465

MLS Listing ID CL24474763

Bedrooms 9

HOA Y/N No

Year Built 1966

Lot Size 8,004 Sqft

Acres 0.18

Property Sub-Type OTHER

Property Description

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Rent roll listed includes the recent rent increase effective April 1st. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Interior electrical subpanels have been replaced in all units and the laundry room recently. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Location

State CA

County Orange

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Total Parking Spaces 7

Building

New Construction No

Others

Tax ID 13950302


Bridge MLS
Listed by Sean Riley • CB Richard Ellis, Inc.
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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3123 Cinnamon Avenue