Overview
- Residential Income
- 1.00
- 1960
Description
Coastal apartments are a proven investment strategy, consistently offering strong appreciation, robust rental growth, and high-quality tenants. Situated less than half a mile from Newport Blvd, 741 W 18th Street exemplifies these benefits.
The property features a variety of units, including both one and two bedroom layouts. Units A and B boast private yard access, while Units C and D offer private deck entries. Additionally, there is tuck-under parking available at the rear of the building, and a large, shared driveway with 735 W 18th Street, providing ample extra parking spaces.
With investments in fixtures and aesthetics, there is significant upside potential in rents. This property represents an excellent opportunity for those starting their investment journey or looking to expand an existing portfolio.
Exterior and drive-by tours only. Please do not disturb tenants.
Address
Open on Google Maps- Address 741 W 18th Street
- City Costa Mesa
- State/county CA
- Zip/Postal Code 92627
- Area 699 - Not Defined
- Country United States
Details
Updated on June 27, 2024 at 7:06 am- Property ID: SGR-33101729
- Price: $1,600,000
- Land Area: 6120.00 m²
- Garage: 1.00
- Year Built: 1960
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 2512.00
- MLS#: PW24127306
- Office Name: JUSTIN WHITE
- Agent Name: Justin White
- MLS Status: Active
- Living Area Prefix: Sqft
- Agent State License: 01267826
- IDX Contact Info: thesbgbp@gmail.com
Additional details
- Sewer: Public Sewer
- County: Orange
- Property SubType: Quadruplex
- Parking: 5.00
- Water Source: Public
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