233 Avocado Street, Costa Mesa, CA

$8,000,000

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0.84

Acres

About 233 Avocado Street

We are pleased to present 221 1/2 - 233 Avocado Street, a 15 units + 2 Non-conforming unit multifamily community located in Costa Mesa, CA. The asset is built in 1954 and 1986 and situated on two separate parcels totaling 1.14 acres. The property features an excellent unit mix of Four – 2 bed / 2.5 bath townhomes built in 1986 with washer/dryer hookups, two-car garages, and private back patios, Ten - 2 bed / 1 bath single story detached cottages with washer/dryer hookups and one Single family home house split into One – 1 bed / 1 bath and two studios (non-conforming). There is significant income upside of approximately +/- 34%, providing investors an opportunity to increase the yield of a high quality asset located in on of the top rental markets of southern California.

Features of 233 Avocado Street

MLS® # OC22147273
Price $8,000,000
Bathrooms 0.00
Acres 0.84
Year Built 1959
Type Residential Income
Status Active

Community Information

Address 233 Avocado Street
Area C4 - Central Costa Mesa
Subdivision College Park (COLP)
City Costa Mesa
County Orange
State CA
Zip Code 92627

Amenities

Parking Spaces 22
# of Garages 22
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Lot Over 40000 Sqft

Additional Information

Date Listed July 6th, 2022
Days on Market 93
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentBrett Bayless
OfficeBrett Bayless, Broker

Listing Map

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