859 W 19th St | Costa Mesa, CA 92627
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859 W 19th St
Costa Mesa, CA 92627
Crestview Apartments · Multifamily Property For Sale
·
19 Units
Investment Highlights
- Assumable Financing Available - Current Chase Loan at a 3.34% Interest Rate with a loan amount of $1,700,000
- In-Place RUBS
- Each Unit Includes Wood-Like Flooring, Mirrored Wardrobe Doors & Private Balcony/Patio
- Value-Add Opportunity - 32% Upside in Rental Income
- Majority Studio Units
- Recent Capital Improvements Include New Exterior Paint, Repaved Asphalt, New Decks, Wood Replacement, New Trash Enclosure & New Windows Throughout
Property Facts
| No. Units | 19 | Building Size | 8,931 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1957 |
| Building Class | C | Parking Ratio | 2.24/1,000 SF |
| Lot Size | 0.47 AC | ||
| Zoning | R3 | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 8,931 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2.24/1,000 SF |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | $1,456 | 445 |
| 2+1 | 1 | $1,980 | 921 |
Property Taxes
| Parcel Number | 424-191-05 | Improvements Assessment | $442,350 |
| Land Assessment | $4,683,150 | Total Assessment | $5,125,500 |
Property Taxes
Parcel Number
424-191-05
Land Assessment
$4,683,150
Improvements Assessment
$442,350
Total Assessment
$5,125,500
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