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$2,300,000

Est. payment - /mo

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3,808 SqFt

Pending

2232 2234 Pacific AVE Costa Mesa, CA 92627

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 05:39 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,808 sqft

Price per Sqft $603

MLS Listing ID OC24144867

HOA Y/N No

Year Built 1959

Lot Size 0.350 Acres

Property Description

2232 - 2234 Pacific Avenue is a 4-unit multifamily investment property located in Costa Mesa, California. The property offers highly desirable features including single-story construction, garage & surface parking, & private patios or yards. Additionally, the property includes exclusively spacious two-bedroom / one-bathroom units averaging approximately 952 square feet. Residents benefit from 2232 - 2234 Pacific Avenue?s excellent Costa Mesa location, in close proximity of a plethora of parks, trails, and schools. Resident?s enjoy convenient walkable access to Talbert Regional Park, Fairview Park, the Santa Ana River Trail, Victoria Elementary School and Estancia High School. Additionally, the property is situated less than 2.5-miles from Orange Coast College (OCC) and the O.C. Fair & Event Center, two major housing and economic drivers for the area. Furthermore, the property?s location, on the border of Costa Mesa & Huntington Beach, provides residents with easy access to area hotspots including Triangle Square, 17th Street, Pacific City, and South Coast Plaza. Given its Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 2232 - 2234 Pacific Avenue.

Location

State CA

County Orange

Area 699 - Not Defined

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 42207110

Energy Description 520.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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