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788 Joann Street , A & B

Costa Mesa, CA 92627
  • $1,175,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: OC22156747
UPDATED: 11 min ago
$1,175,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Other (Othr)
Type:
Multi-Family
Built:
1959
County:
Orange
Area:
C2 - Southwest Costa Mesa

School Ratings & Info

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Listing Agent(s): Frida Abou-Chamoun of Berkshire Hathaway Home Services (714-832-8800) and Phillip Nguyen of Berkshire Hathaway Home Services(714-832-8800)


Description

***Single Level Duplex in Beautiful Costa Mesa*** Opportunity to live in one unit and rent the other. Front Unit A: Two Bedrooms, One Bathroom with Laundry Hookups and Two Car Detached Garage. Rear Unit B: One Bedroom, One Bathroom. Current rents collected are below market - Buyers and buyer's agent to conduct rent survey and due diligence for a potential increase in income. Property is walking distance to Wilson Elementary School and Estancia High School. Bike to Fairview Park. Close to Costa Mesa Golf Course. Minutes to Newport Beach(Drive on Placentia Ave to Superior Avenue) and Huntington Beach. Close to 55 freeway.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T23:30:22.067. 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 or American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/131028784
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788 Joann Street , A & B Costa Mesa, CA 92627

  • Price: $1,175,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 11 min ago
  • ID#: OC22156747
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1959
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
C2 - Southwest Costa Mesa
Property Description
***Single Level Duplex in Beautiful Costa Mesa*** Opportunity to live in one unit and rent the other. Front Unit A: Two Bedrooms, One Bathroom with Laundry Hookups and Two Car Detached Garage. Rear Unit B: One Bedroom, One Bathroom. Current rents collected are below market - Buyers and buyer's agent to conduct rent survey and due diligence for a potential increase in income. Property is walking distance to Wilson Elementary School and Estancia High School. Bike to Fairview Park. Close to Costa Mesa Golf Course. Minutes to Newport Beach(Drive on Placentia Ave to Superior Avenue) and Huntington Beach. Close to 55 freeway.
Exterior Features

Fencing Block Foundation Details Slab Lot Features Back YardFront YardRectangular Lot Number Of Separate Electric Meters 2 Parking Features ConcreteDrivewayGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminateVinyl Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Cap Rate 3.2 Common Interest None Community Features Sidewalks Current Financing Conventional Garage YN Yes Gross Income 0 Gross Scheduled Income 54000 Insurance Expense 800 Land Lease YN No Laundry Features See Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 37275 New Construction YN No New Taxes Expense 12925 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 15645 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN No Security Features Smoke Detector(S) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4500 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 1080 Vacancy Allowance Rate 2 Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T23:30:22.067. 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 or American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Frida Abou-Chamoun of Berkshire Hathaway Home Services (714-832-8800) and Phillip Nguyen of Berkshire Hathaway Home Services(714-832-8800)