984 El Camino Drive, Costa Mesa

Costa Mesa Home For Sale

High Quality Remodeled 4plex w/Great Income! First extensively remodeled property in the neighborhood which is starting to gentrify. Great upside potential for a long term hold. Prospective tenants come from Irvine & East Side Costa Mesa due to finishes & lower rent. Other tenants love the area because their kids can walk to school from elementary through college. Attracted college students and young professionals, etc. Property has great appeal to everyone without restriction across all demographics. For detailed views of interior, see listings from 2023 on Zillow & SoCal MLS. Full Remodel & added 2 ADUs in 2023. Better than average amenities for tenants: Life Source Whole Building Water Filter to keep down scale and water spots on the glass shower doors. Drink from any faucet in the apartment and makes the hair and skin feel fantastic! BBQ area with table, chairs, heater, covering, evening accent lights. Landscaping is mostly Kurapia instead of grass, which is drought tolerant and rarely needs mowing. Designed property for minimal maintenance. Irrigation system & water fountain out front. New sewer drops from second floor (no cracked sewer pipes!) All major systems are new: Water heater, electrical panels, larger water connection to street and 2.5" water meter etc. Individual gas and electric meters plus RUBS in place as well. 6 Ring security cameras and lights around the property. Gated front & rear gates with pushbutton codes for convenient access for tenants, service staff, UPS/FedEx, etc. All units have heat/AC or ductless minisplits. Lots of light throughout make them desirable for tenants. Apts A and F have yard/patio. Prewired for cable so no ugly wires outside. Recirc pump for the hot water. Walls and ceilings insulated. Refrigerators incl: Apts A, D, E, and F. Quartz counters, euro hinge cabinets with soft close. Soft close toilet lids. New windows, electric garage door openers with battery backup for new steel roll up doors. Every apartment has assigned parking so no hassles for parking for the all the tenants. Apt B upgraded to include soaking tub, 3 solatube skylights and upgraded appliances. Deep, stainless sinks w/sprayer faucet on overhead hose. W/D in lndry are owned. Only $1.25 each (can be increased). Recently serviced to replace washer pump seal. Locks are all Kwikset SmartKey for easy rekeying between tenants. All apts have great natural light. Small storage closet for property tools. NOTE: Listed features vary by Apt

Property Details

984 El Camino DriveLot Size: 0.17Bedrooms: 10Bathrooms: 11Price: $3,700,000Zip: 92626
MLS® #: OC24142557Neighborhood: Mesa Del Mar (MDMA)Levels: TwoGarages: 4School District: Days on Market: 1Listed By: Greg Sharp, Gregory Sharp, Broker

Sales Agent

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Additional Information

  • City:
    Costa Mesa
  • County:
    Orange
  • Zip:
    92626
  • MLS® #:
    OC24142557
  • Bedrooms:
    10
  • Bathrooms:
    11
  • Lot Size:
    0.17
  • Neighborhood:
    Mesa Del Mar (MDMA)
  • Levels:
    Two
  • Garages:
    4
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of July 12th, 2024 at 7:45pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.