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560 Hamilton St
Costa Mesa, CA 92627
Multifamily Property For Sale
·
13 Units
Property Facts
| No. Units | 13 | Building Size | 9,372 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2023 |
| Building Class | C | Parking Ratio | 2.35/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | R2 - Residential Medium Density | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 9,372 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2023 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning | R2 - Residential Medium Density |
About 560 HAMILTON ST , COSTA MESA, CA 92627
Marcus & Millichap, as the exclusive listing agent, is pleased to present 560 Hamilton Street, a 13-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a 0.48-acre lot, the 8,372 square foot property consists of one- and two-bedroom units and offers amenities including ample parking, updated windows, and on-site laundry. The average household income in Costa Mesa is projected to grow by 16.34 percent to $120,513 by 2022 and the vacancy rate within a one mile radius of the subject property is just 1.51 percent. In addition, 560 Hamilton Street is strategically situated near California State Route 55, providing residents with convenient access to employment hubs in surrounding cities. Given the strong market dynamics and fantastic location, 560 Hamilton Street 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 |
|---|---|---|---|
| 1+1 | 12 | $1,348 | 625 |
| 2+1 | 1 | $1,675 | 872 |
Property Taxes
| Parcel Number | 422-021-26 | Improvements Assessment | $493,727 |
| Land Assessment | $5,131,273 | Total Assessment | $5,625,000 |
Property Taxes
