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735 Joann St
Costa Mesa, CA 92627
Multifamily Property For Sale · 23 Units

PROPERTY FACTS

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.89 AC
Building Size 23,403 SF
No. Stories 2
Year Built/Renovated 1964/2010

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

ABOUT 735 JOANN ST , COSTA MESA, CA 92627

Four Seasons is a rare 23-unit multi-family, townhouse investment offering, well located in the City of Costa Mesa. It is comprised entirely of large, two bedroom / one and one-half bathroom townhouse style units. Each apartment features gas forced air heating, one covered parking space, one open space, washers & dryers in select units, and access to a large central courtyard with a pool. The configurations of the 4-building courtyard-style property exterior, and the large townhouse unit interiors, provide a new owner the opportunity to simply stabilize the existing revenue stream or potentially implement a comprehensive renovation program that will lead to top-market rents. The unit-count, physical attributes, and micro-location of this property will remain attractive to tenants and investors alike for many years to come.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 23 $1,951 1,015

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
422-372-26
Land Assessment
$7,872,220
Improvements Assessment
$1,475,829
Total Assessment
$9,348,049
  • Listing ID: 13373755

  • Date on Market: 8/3/2018

  • Last Updated:

  • Address: 735 Joann St, Costa Mesa, CA 92627

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