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554-558 Joann St
Costa Mesa, CA 92627
Joann Street Apartments · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • A 6-Unit Multifamily Investment Property Located in Costa Mesa
  • Amenities Include Private Patios and Balconies, Carport and Uncovered Parking, Spacious Gated Front Yards, and On-Site Laundry
  • Located Just Off of Harbor Boulevard, the Property is Within Walking Distance to the Harbor Center, a Major Regional Shopping Center
  • Consists of 2, One-Bedroom Units, 2, Two-Bedroom Units, 1, Three-Bedroom Unit, and 1, Four-Bedroom Unit
  • Situated on a Spacious 0.29-Acre Lot, New Ownership has the Opportunity to Add ADUs to the Property to Further Maximize Cash Flow Potential

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.36 AC
Building Size 9,203 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 1.85/1,000 SF
Zoning R-2, Costa Mesa

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+1 2 - -
3+2 1 - -
4+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
422-163-09
Land Assessment
$2,890,138
Improvements Assessment
$271,862
Total Assessment
$3,162,000
  • Listing ID: 23401408

  • Date on Market: 6/14/2021

  • Last Updated:

  • Address: 554-558 Joann St, Costa Mesa, CA 92627

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