**HIGHLY MOTIVATED SELLER, WILL CONSIDER ANY AND ALL OFFERS** We are pleased to offer this rare R2-HD zoned 7-unit apartment community, located at 135-37 Broadway on Costa Mesa's Eastside. This is the first time this building has ever been listed for sale and is being sold by the original builder's family. The building is comprised of (6) Studio units and (1) 1Bedroom/1-Bathroom unit. It is located just across the street from The Triangle and within walking distance of the E. 17th Street shopping and dining district. This opportunity offers investors the ability to renovate the current units and move rents up with the potential for 53% in the rental upside. The property zoning also off investors a long-term exit strategy for higher-density development.
|DAYS ON MARKET||22||LAST UPDATED||6/6/2022|
|TRACT||Other (OTHR)||YEAR BUILT||1936|
|COMMUNITY||East Costa Mesa||GARAGE SPACES||4.0|
|PROPERTY TYPE(S)||Residential Income|
|AREA||East Costa Mesa|
|LOT||7796 sq ft|
|LOT DESCRIPTION||6-10 Units/Acre|
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 6/27/22 11:15 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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