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    220 Monte Vista Avenue

    Costa Mesa, CA 92627
    • $1,679,000
    • STATUS: Active Under Contract
    • ON SITE: 8 days
    • MLS #: NP21006350
    Under Contract
    UPDATED: 52 min ago
    $1,679,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,915
      SQFT
    • $877
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T18:30:44.26. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113240192
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    220 Monte Vista Avenue Costa Mesa, CA 92627

    • Price: $1,679,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • MLS #: NP21006350
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,915
    SQFT
    $877
    $/SQFT
    1963
    Built
    Neighborhood:
    Eastside South (Escm)
    County:
    Orange
    Area:
    C5 - East Costa Mesa
    Property Description
    The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.
    Exterior Features

    Architectural Style BungalowRanch Construction Materials BrickStucco Fence YN Yes Fencing VinylWood Foundation Details RaisedSlab Garage Spaces 0.00 Lot Features Back YardFront YardGardenLandscapedRectangular LotLevelPark NearbySprinkler SystemTreed LotYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedDrivewayStreet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No Uncovered Spaces 3.00 View None View YN No

    Interior Features

    Appliances DishwasherDisposalGas OvenGas CooktopGas Water HeaterTankless Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central AirSee Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileWood Heating CentralForced Air Heating YN Yes Interior Features Cathedral Ceiling(S)Stone Counters Laundry Features See Remarks Levels One Room Type All Bedrooms DownMain Floor BedroomMain Floor Master Bedroom

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features BikingHikingGuttersParkStorm DrainsStreet LightsSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 90300.00 Gross Scheduled Income 90300.00 Insurance Expense 1600.00 Land Lease YN No Laundry YN Yes Net Operating Income 71068.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 19232.00 Property Condition TurnkeyUpdated/Remodeled Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Eastside South (Escm) Tenant Pays Cable TvTelephone Total Expenses 19232.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 450.91 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Grant Bixby of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T18:30:44.26. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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