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862-868 Center St
Costa Mesa, CA 92627
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 8,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.08/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 8,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | R3 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 862-868 CENTER ST , COSTA MESA, CA 92627
Marcus & Millichap, as the exclusive listing agent, is pleased to present 862 & 868 Center Street, two 4-unit multifamily investment properties located in the city of Costa Mesa, California. Residents enjoy the property’s close proximity to major retail centers, schools, parks and major thoroughways. Situated on two, adjacent lots measuring a combined 0.30 acres, the 8,400 square foot property consists of three-bedroom townhome floor plans with an attractive range of amentities including carport parking, on-site laundry, and private backyards. Due to the separate parcels, these propeties can be purchased utilizing either conventional/30-year FHA or traditional commercial financing methods. Residents benefit from the property’s superior location, approximately a mile from The Triangle, Costa Mesa Courtyards, and 17th Street Promenade. The property is also located near the California State Route 55, Newport Boulevard, and Pacific Coast Highway providing residents with easy access to employment hubs in surrounding cities.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 8 | $2,485 | 1,050 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $247,600 | |
| Land Assessment | $4,133,038 | Total Assessment | $4,380,638 |
PROPERTY TAXES
