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Sq.Ft. Lot6,098
Year1951
Status:
Sold
Property Type:Triplex
MLS #:NP22049116
Date Sold:4/11/2022
Lot Size:6,098 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Timothy Carr
Office:Villa Real Estate
We are pleased to present the sale of 393 Broadway, a 3 unit multifamily property located in Eastside Costa Mesa. This rare triplex offers multiple opportunities for either the investor looking to grow their portfolio, or for an owner user looking to live in one unit while generating excellent income form the other two. This property offers a favorable unit mix with (2) 1 bedroom / 1 bathroom units and a nice sized studio. All three units are separately metered for electricity and offer private laundry hook-ups. This asset is located in one of the most desirable rental markets in Orange County and feeds to the award winning Mariners Elementary, while offering tenants close proximity to major freeways, John Wayne Airport, and all the amenities 17th Street has to offer!
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 4/11/2022 | $1,995,000 | $2,100,000 | 5.3% |
Community Information
Address:393 Broadway, Costa Mesa, CA 92627
Area:C5 - East Costa Mesa
County:Orange
City:Costa Mesa
Subdivision:Eastside Central (Eccm)
Zip Code:92627
Architecture
Year Built:1951
Stories:1
Building Area: 1700.0
Number of Buildings: 2
Total Units: 3
Stories Total: 2
Unit 1: 1 Unit • 1 Bed • 1 Bath • Unfurnished • $2,495 actual rent • $2,595 total rent • $2,750 pro forma
Unit 2: 1 Unit • 1 Bed • 1 Bath • Unfurnished • $2,475 actual rent • $2,475 total rent • $2,750 pro forma
Unit 3: 1 Unit • 1 Bath • Unfurnished • $1,590 actual rent • $1,590 total rent • $2,000 pro forma
Roof: Composition
Features / Amenities
Appliances: Electric Oven, Gas Cooktop
Flooring: Tile, Wood
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Common Walls: No Common Walls
Rooms
| Living Room |
| Kitchen |
Property Features
Lot Size:
0.14 Acres / 6,098 Sq. Ft.
Lot Features: Front Yard, Rectangular Lot, SprinklerSystem
Sewer: Public Sewer
Water: Public
Directions:On Broadway between Tustin and Santa Ana
Tax and Financial Info
Buyer Financing: Cash
Gross Income: $75,240
Gross Scheduled Income: $75,240
Terms: Cash, CashtoNewLoan
Land Lease: No
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of March 20, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.