3040 Fillmore Way, Costa Mesa
Costa Mesa Home Sale
This rare value-add opportunity presents two side-by-side 3-unit apartment buildings located in a high demand location of Costa Mesa. While one unit has already undergone a complete rehabilitation, there is significant potential to increase the property's value and generate higher rental income by rehabbing the remaining five units which are mostly in original condition. These townhouse-style units all feature 2 bedrooms and 1.25 bathrooms, interior laundry, sizable private backyard patios and enclosed parking. The layout provides a comfortable and spacious environment, making these units attractive to individuals or small families seeking ample living space and allowing the tenants to create a sense of home. Investors can capitalize on this opportunity by implementing a strategic renovation plan to bring the remaining units up to market standards allowing for higher rental rates but also increasing the overall property value. This investment has significant upside potential for savvy investors. The Property is one parcel with six units, so must be sold together as one single purchase.
Property Details
Additional Information
-
- City:
- Costa Mesa
-
- County:
- Orange
-
- Zip:
- 92626
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- MLS® #:
- NP23102429
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- Bedrooms:
- 6
-
- Bathrooms:
- 6
-
- Lot Size:
- 0.26
-
- Neighborhood:
- None
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- Levels:
- Two
-
- Garages:
- 6
-
- HOA Dues:
- $
Price Change History for 3040 Fillmore Way, Costa Mesa, (MLS® #NP23102429)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | – | – | |
| Active Under Contract (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 8:26am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.