This unique Costa Mesa 4plex investment on a large 19,600+ sqft lot has been approved for 6 new homes.
The current unit mix is 3 units that are 2 bedroom/1 bath with a 1 car garage and a fully detached 3 bedroom/2 bath home with a 2 car garage. The units feature washer/dryer hookups and private yard space. Residents pay for gas and electric. Very rare for Costa Mesa, the units are separately submetered for water. There is also a storage area and 2 car garage that generates additional income. All units are occupied and there is upside in the income.
The site was recently approved for 6 new detached homes: 3 new homes with 2 bedrooms/2.5 baths and 3 new homes that are 3 bedrooms/2.5 baths and a unique 3 car garage configuration. There are other nearby new home communities. The site backs to Maple Crossing by Richmond American Homes and is a block or two from Current by Shea Homes. It’s close to the fine dining, shopping and eclectic entertainment that Costa Mesa offers. Click these links below:
