984 El Camino Drive, Costa Mesa, CA 92626

  • $3,700,000
  • $706
984 El Camino Drive, Costa Mesa, CA 92626
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1964
  • Year Built
For Sale
984 El Camino Drive, Costa Mesa, CA 92626
  • $3,700,000
  • $706

Overview

Property ID: SGR-33616535
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1964
  • Year Built

Description

High Quality Remodeled 6 Apts w/Great Income! First extensively remodeled property in the neighborhood which is starting to gentrify. Great upside potential for a long term hold. Prospective tenants come from Irvine & East Side Costa Mesa due to finishes & lower rent. Other tenants love the area because their kids can walk to school from elementary through college. Attracted college students and young professionals, etc. Property has great appeal to everyone without restriction across all demographics. For detailed views of interior, see listings from 2023 on Zillow & SoCal MLS.

Full Remodel & added 2 ADUs in 2023. Better than average amenities for tenants: Life Source Whole Building Water Filter to keep down scale and water spots on the glass shower doors. Drink from any faucet in the apartment and makes the hair and skin feel fantastic! BBQ area with table, chairs, heater, covering, evening accent lights. Landscaping is mostly Kurapia instead of grass, which is drought tolerant and rarely needs mowing. Designed property for minimal maintenance. Irrigation system & water fountain out front. New sewer drops from second floor (no cracked sewer pipes!)

All major systems are new: Water heater, electrical panels, larger water connection to street and 2.5″ water meter etc. Individual gas and electric meters plus RUBS in place as well. 6 Ring security cameras and lights around the property. Gated front & rear gates with pushbutton codes for convenient access for tenants, service staff, UPS/FedEx, etc. All units have heat/AC or ductless minisplits. Lots of light throughout make them desirable for tenants. Apts A and F have yard/patio. Prewired for cable so no ugly wires outside. Recirc pump for the hot water. Walls and ceilings insulated. Refrigerators incl: Apts A, D, E, and F. Quartz counters, euro hinge cabinets with soft close. Soft close toilet lids. New windows, electric garage door openers with battery backup for new steel roll up doors. Every apartment has assigned parking so no hassles for parking for the all the tenants. Apt B upgraded to include soaking tub, 3 solatube skylights and upgraded appliances. Deep, stainless sinks w/sprayer faucet on overhead hose. W/D in lndry are owned. Only $1.25 each (can be increased). Recently serviced to replace washer pump seal.

Locks are all Kwikset SmartKey for easy rekeying between tenants. All apts have great natural light.

Small storage closet for property tools. NOTE: Listed features vary by Apt

  • Address 984 El Camino Drive
  • City Costa Mesa
  • State/county CA
  • Zip/Postal Code 92626
  • Area C4 - Central Costa Mesa
  • Country United States

Details

Updated on August 27, 2024 at 7:37 am
  • Property ID: SGR-33616535
  • Price: $3,700,000
  • Land Area: 7405.00 m²
  • Garages: 4.00
  • Year Built: 1964
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5241.00
  • MLS#: OC24142557
  • Office Name: GREGORY SHARP, BROKER
  • Agent Name: Greg Sharp
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01315113
  • IDX Contact Info: 949-233-7065

Additional details

  • Roof: Asphalt,Shingle
  • View: None
  • Sewer: Public Sewer,Sewer Paid
  • Cooling: Central Air,ENERGY STAR Qualified Equipment,High Efficiency
  • Heating: Central,Ductless,ENERGY STAR Qualified Equipment
  • Flooring: Laminate
  • County: Orange
  • Property SubType: Apartment
  • Parking: 13.00
  • Water Source: Public

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Sankofa Global Realty
  • Sankofa Global Realty

Enquire About This Property

Similar Listings

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Sankofa Global Realty
  • Sankofa Global Realty