1032 W Wilson St
Costa Mesa, CA 92627
Wilson Street Townhomes · Multifamily Property For Sale
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24 Units
Property Facts
| No. Units | 24 | Lot Size | 2.00 AC |
| Property Type | Multifamily | Building Size | 24,685 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Zoning | R2-MD | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 24,685 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | R2-MD |
Amenities
Unit Amenities
- Patio
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
- Storage Space
About 1032 W WILSON ST , COSTA MESA, CA 92627
Marcus & Millichap, as the exclusive listing agent, is pleased to present Wilson Street Townhomes, a 24-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. The Costa Mesa submarket is among the strongest performing areas in metro Orange County, with an average occupancy as of third quarter 2018 of 96.7 percent and average effective rent increase of 3.1 percent year-over-year since third quarter 2017. Situated on a 2.00-acre lot, the 24,685 square foot property consists of exclusively two-bedroom townhomes and amenities including private patios, garage and open parking, on-site laundry, and a swimming pool. Well maintained by the current ownership, the turnkey asset offers renovated units and professional landscaping. Given the strong market dynamics and unique appeal of the subject property, Wilson Street Townhomes is well suited to provide investors with strong returns and value appreciation over the long term investment horizon.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 24 | $2,013 | 1,028 |
Property Taxes
| Parcel Number | 422-051-04 | Improvements Assessment | $2,122,416 |
| Land Assessment | $10,824,321 | Total Assessment | $12,946,737 |
Property Taxes
