730 James Street

    Costa Mesa, CA 92627
    • $1,380,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: OC18239775
    UPDATED: 71 min ago
    $1,380,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,512
      SQFT
    • $549
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Great location in a low vacancy rental area. This excellent 4 units is very conveniently located close to schools and shopping in East Costa Mesa. There are 5 attached garages as well as one carport on this property. These units are all currently rented and there is upside to rents on all the units. This property and location is very easy to rent. Great property for 1031 exchanges. Drive-by only: do not disturb tenants or walk on property. Thank you.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T08:27:15.513. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88179771

    730 James Street Costa Mesa, CA 92627

    • Price: $1,380,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: OC18239775
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,512
    SQFT
    $549
    $/SQFT
    1961
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    C2 - Southwest Costa Mesa
    Property Description
    Great location in a low vacancy rental area. This excellent 4 units is very conveniently located close to schools and shopping in East Costa Mesa. There are 5 attached garages as well as one carport on this property. These units are all currently rented and there is upside to rents on all the units. This property and location is very easy to rent. Great property for 1031 exchanges. Drive-by only: do not disturb tenants or walk on property. Thank you.
    Exterior Features

    Garage Spaces 5.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Gas & Electric Dryer HookupIn Garage Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Gardener Expense 1800.00 Gross Income 1200.00 Gross Scheduled Income 82800.00 Insurance Expense 900.83 Land Lease YN No Laundry Income 1200.00 Laundry YN Yes Net Operating Income 63900.00 New Construction YN No New Taxes Expense 13800.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 18900.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Costa Mesa Residential Income (Cmri) Tenant Pays Cable TvElectricityGas Total Actual Rent 6900.00 Total Expenses 18900.00 Trash Expense 0.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Steven Beyrooty of Great American Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T08:27:15.513. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604