554 Joann St | Costa Mesa, CA 92627
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- LoopNet Team
554 Joann St
Costa Mesa, CA 92627
Joann Street Apartments · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Desirable Costa Mesa Location / Minutes to Downtown Costa Mesa
- Excellent Unit Mix Consisting of One, Two, and Three-Bedroom Units / Ample On-Site Covered Parking & Storage Area
- Low Expense Building / Opportunity to Add ADU's to Property to Further Maximize Cash Flow
- Recent Extensive Renovations & Upgrades of Interiors and Exterior
- Large Front Yards, Private Patios/Balconies, & On-Site Laundry Room
- Walking Distance to Downtown Costa Mesa, Restaurants, Retail, Schools, and Employment
PROPERTY FACTS
| No. Units | 6 | Building Size | 9,203 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 | 1.85/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | R-2, Costa Mesa | ||
| 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 |
|---|---|---|---|
| 3+1 | 2 | $3,000 | - |
| 2+1 | 2 | $2,200 | - |
| 1+1 | 2 | $1,800 | - |
PROPERTY TAXES
| Parcel Number | 422-163-09 | Improvements Assessment | $271,862 |
| Land Assessment | $2,890,138 | Total Assessment | $3,162,000 |
PROPERTY TAXES
Parcel Number
422-163-09
Land Assessment
$2,890,138
Improvements Assessment
$271,862
Total Assessment
$3,162,000
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