Listed by Karl Duistermars, Karl Duistermars,

187 E 18TH Street

Costa Mesa, CA, 92627

$16,685,000

$638 per ft²
$16,685,000
$638 per ft²
Sold
Sold
carpenters-square
26,134 ft²
property_type
Multi-family
calendar
Built 1986
Bring Offers!! SIGNIFICANT PRICE REDUCTION ! The subject property is a very attractive pride of ownership complex located in the prime Eastside of Costa Mesa. This is a very unique corner location just off Newport Blvd. , in a beautiful residential area adjacent to million dollar plus homes. Walking distance to 17th street shops, cafes, boutiques, and located near the Triangle and Westcliff shopping and entertainment centers. Just a short distance to Newport Beach, Back Bay, Balboa Peninsula, Newport Heights, and Orange Coast College. First time on the market in 23 years. Built in 1986 and not subject to rent control, only AB 1482. Ideal unit mix of sixteen 1+1 (please note unit # 106 1 +1 is a non conforming unit) , three 2+1, four 2+2.5, one 3+2, and seven 3+2.5( with in unit washer/dryers). Each unit is good size and have many amenities including balconies, quartz/granite counter tops, vinyl wood like plank flooring(some units), stainless steel appliances(some units), dishwashers(some units) ,gated parking, a beautiful open courtyard, and much more. Most of the units have been upgraded or remodeled. Laundry on site. 100% occupied. Excellent and immediate upside in rents. Ideal exchange property.
MLS® ID:
22129571
Listed:
2/19/22
Updated:
6/27/22

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Microwave
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Ceiling Fan(s)
Laundry Description
Common Area
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.85 acres lot
Sewer
Other

Other Property Details

Area Name
C5 - East Costa Mesa
Attached Garage
Yes
Garage Spaces
3
Parking
Garage, Gated
Parking Total
54.0
View
N
County
Orange
Pool
No
Pool Description
None
Total Stories
2

Property History

Date
Event
Price
Value
6/23/22
Sold
-
-
6/23/22
Price Change
$16,685,000
-2%
4/15/22
Pending
-
-
4/8/22
Active Under Contract
-
-
3/22/22
Price Change
$17,200,000
-7%

 

Listed by Karl Duistermars, Karl Duistermars,

Based on information from California Regional Multiple Listing Service, Inc. as of 6/27/22. 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.

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Data last updated 8:41 AM UTC, 6/27/22

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