203 Ogle Street, Costa Mesa, CA, CA 92627
- $2,195,000
- List Price
- $2,195,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- NP26113676
- County
- Orange
- Year Built
- 1972
- Building Square Feet
- 3,366
- Square Feet
- 6,257
- Days on Market
- 64
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- Eastside Heights (Ehcm)
Property Description
Rare triplex opportunity located in the highly sought-after Eastside Costa Mesa market bordering Newport Heights and Newport Beach. 203 Ogle Street features an attractive unit mix consisting of (1) 4BR/2BA townhouse-style unit, (1) 2BR/1.5BA townhouse-style unit, and (1) 2BR/1BA unit, offering large floorplans that rarely come available in coastal multifamily properties of this size. Positioned in one of Orange County’s premier rental markets, the property is just moments from 17th Street, top shopping and dining, Newport Harbor, beaches, and offers convenient access to the 55, 73, and 405 freeways. The location continues to benefit from strong long-term rental demand and limited multifamily supply. Ideal opportunity for investors seeking a well-located coastal asset with long-term upside in one of Costa Mesa’s most desirable submarkets. Drive by only. Please do not disturb tenants.
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Additional Information
- Parcel Number
- 42520202
- Rent Control
- Yes
- Gross Scheduled Income
- $101,352
- Operating Expense
- 42604
- Net Operating Income
- $55,707
- Number of Buildings
- 1
- Lot Features
- 2-5 Units/Acre
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- View
- None
- Roof
- Flat, Mansard
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Biking, Curbs, Dog Park, Gutter(s), Preserve/Public Land, Storm Drain(s), Street Lights, Sidewalks
Listing courtesy of Listing Agent: Nick Gould (ng@gouldgroupinc.com) from Listing Office: Gould Group Inc.
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