187 E 18th St | Costa Mesa, CA 92627
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- LoopNet Team
187 E 18th St
Costa Mesa, CA 92627
Orange Bay Apartments · Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- Prime Eastside Costa Mesa. Corner location. Built 1986. 100%occupied. Excellent and immediate upside potential!
- Great parking ratio!( all eight 3 bedroom units have 3 spaces).
- Ideal unit mix of ones, twos, and 3 bedroom units. First time on the market in 23 years. Most of the units have been upgraded and or remodeled.
PROPERTY FACTS
| No. Units | 31 | Building Size | 26,134 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | B | Parking Ratio | 2.07/1,000 SF |
| Lot Size | 0.85 AC | ||
| Zoning | R3 | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 26,134 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Heating
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 650 |
| 2+1 | 3 | - | 750 |
| 2+2 | 4 | - | 850 |
| 3+2 | 8 | - | 1,025 - 1,050 |
PROPERTY TAXES
| Parcel Number | 425-415-24 | Improvements Assessment | $2,387,724 |
| Land Assessment | $15,318,531 | Total Assessment | $17,706,255 |
PROPERTY TAXES
Parcel Number
425-415-24
Land Assessment
$15,318,531
Improvements Assessment
$2,387,724
Total Assessment
$17,706,255
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