432 Hamilton Street, Costa Mesa, CA 92627

  • $3,895,000
  • $861
432 Hamilton Street, Costa Mesa, CA 92627
For Sale
432 Hamilton Street, Costa Mesa, CA 92627
  • $3,895,000
  • $861

Overview

Property ID: SGR-33470185
  • Commercial Sale
  • Property Type
  • 2024
  • Year Built

Description

Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa’s gentrifying west side neighborhood. This complex offers an excellent 4.6% Cap Rate return at the new tax basis. Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024. The previously existing 3 unit building was painstakingly improved and upgraded in 2023 with new kitchen cabinets, stone counter tops, new appliances, fixtures, lighting, vanities, shower enclosures and much more. The exterior of the previously existing 3 unit building has been recently repainted and the all the windows and sliding glass doors are brand new. The 3 unit building includes two large 2 bedroom, 2 bath apartments and one generously sized 3 bedroom, 2 bath apartment. Each unit in the previously existing 3 unit building also enjoys a private patio or balcony, and one of the units has a large yard. Each of the 5 units has a brand new, refrigerator, microwave, and washer/dryer. There are 5 off street parking spaces (3 standard and 2 tandem).

  • Address 432 Hamilton Street
  • City Costa Mesa
  • State/county CA
  • Zip/Postal Code 92627
  • Area 699 - Not Defined
  • Country United States

Details

Updated on August 11, 2024 at 6:48 am
  • Property ID: SGR-33470185
  • Price: $3,895,000
  • Land Area: 8800.00 m²
  • Year Built: 2024
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4522.00
  • MLS#: NP24163076
  • Office Name: BERKSHIRE HATHAWAY HOMESERVICE
  • Agent Name: Mark Simon
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 00816134
  • IDX Contact Info: 949-872-8322

Additional details

  • County: Orange
  • Property SubType: Multi Family
  • Parking: 5.00
  • Water Source: Public

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