135 Broadway, Costa Mesa, CA

$2,935,000

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0.18

Acres

About 135 Broadway

**HIGHLY MOTIVATED SELLER, PRICE REDUCED $215,000** 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.

Features of 135 Broadway

MLS® # PW22120993
Price $2,935,000
Bathrooms 0.00
Acres 0.18
Year Built 1936
Type Residential Income
Status Active

Community Information

Address 135 Broadway
Area C5 - East Costa Mesa
Subdivision Other (OTHR)
City Costa Mesa
County Orange
State CA
Zip Code 92627

Amenities

Parking Spaces 4
# of Garages 4
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1
Stories One

Exterior

Lot Description 6-10 Units/Acre

Additional Information

Date Listed May 12th, 2022
Days on Market 115
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentNick Gould
OfficeMorgan Skenderian

Listing Map

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