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Sq.Ft. Lot23,026
Year1988
Status:
Sold
Property Type:Apartment
MLS #:NP21258458
Date Sold:2/24/2022
Lot Size:23,026 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Timothy Carr
Office:Villa Real Estate
We are pleased to present the opportunity to acquire 607 Hamilton Street, an 11 unit multifamily building located in the City of Costa Mesa, one of Orange County's premiere rental markets. Built in 1988 and situated on an approximate 23,000 plus square foot lot, 607 Hamilton offers 11 spacious units featuring 4 bedrooms, 4 bathrooms, attached 2 car garage, and approximately 1,632 square feet of living space. This meticulously maintained asset is available for the first time since being built and offers significant upgrades such as dual pane windows throughout, upgraded laundry facility, a new roof installed in 2020, and all new duct work completed in 2021. Tenants enjoy close proximity to major freeways, beaches, The Triangle, and all the amenities Harbor Blvd has to offer.
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 2/24/2022 | $8,995,000 | $9,005,000 | 0.1% |
Community Information
Address:607 Hamilton St, Costa Mesa, CA 92627
Area:C2 - Southwest Costa Mesa
County:Orange
City:Costa Mesa
Subdivision:Other (Othr)
Zip Code:92627
Architecture
Year Built:1988
Building Area: 17952.0
Number of Buildings: 2
Total Units: 11
Unit 1: 11 Units • 4 Beds • 4 Baths • Unfurnished • $3,430 actual rent • $3,430 total rent • $3,895 pro forma
Roof: Composition
Garage Spaces: 2.0
Parking Features: Garage, Guest
Parking Total: 2.0
Features / Amenities
Interior Features: Balcony
Appliances: Dishwasher, Electric Oven, Gas Cooktop
Flooring: Carpet, Tile, Wood
Laundry: Common Area, Inside
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Window: Double Pane Windows
Common Walls: 2+ Common Walls
Rooms
| Kitchen |
| Living Room |
Property Features
Lot Size:
0.53 Acres / 23,026 Sq. Ft.
Lot Features: SprinklerSystem
Sewer: Public Sewer
Water: Public
Fencing: Vinyl
Directions:Harbor Blvd to Hamilton
Tax and Financial Info
Buyer Financing: Cash
Gross Income: $452,760
Gross Scheduled Income: $452,760
Net Operating Income: $308,161
Electric Expense: $840
Gardener Expense: $7,000
Insurance Expense: $11,300
Pest Control Expense: $972
Trash Expense: $5,676
Water/Sewer Expense: $1,800
Terms: Cash
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of April 1, 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.