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- LoopNet Team
117 E Bay St
Costa Mesa, CA 92627
E. Bay Apartments · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 9,450 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.54/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | R-2, Costa Mesa | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 9,450 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.54/1,000 SF |
| Zoning | R-2, Costa Mesa |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 117 E BAY ST , COSTA MESA, CA 92627
The E. Bay fourplexes consist of three continuous 4 unit investment properties all with separate APNs. The addresses are 117, 121, and 125 E. Bay Street and are situated in one of the most desirable rental markets, “Eastside Costa Mesa”. Each building features four 2 bedroom / 1 bathroom units which are all separately metered for gas/electricity, and are approximately 787 square feet in size. Tenants benefit from on-site laundry, covered garages, close proximity to freeways, beaches, and all the shopping and entertainment 17th street has to offer. This is an amazing opportunity for the savvy investor to acquire three side by side multi-family apartment buildings that are fully leased and offers the opportunity to increase rents and improve on the current cap rate. Don’t miss out on this opportunity.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 787 |
PROPERTY TAXES
| Parcel Number | 426-181-07 | Improvements Assessment | $100,595 |
| Land Assessment | $1,534,930 | Total Assessment | $1,635,525 |
PROPERTY TAXES
