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Listed by Nick J Skawinski • First Team Real Estate
$ 1,600,000
Est. payment /mo
Active
2214 Rutgers Drive Costa Mesa, CA 92627
2,490 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $642
MLS Listing ID NP-25245121
Year Built 1958
Lot Size 6,098 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Income-producing triplex in Central Costa Mesa near Wilson, Harbor and Fairview, minutes to the beach, South Coast Plaza, major freeways and John Wayne Airport. All three 2 bed 1 bath units include a private one-car garage plus an additional parking space. Units A and B are downstairs with rear patios that include exterior laundry hook-ups, and Unit C is an upstairs unit with a private deck and no laundry hook-ups. Recent improvements include a newer roof, dual-pane windows, upgraded electrical in all units, vinyl perimeter fencing, laminate flooring in Unit B and ceiling fans in Unit A. Tenants pay utilities except water and trash. The property is fully occupied at strong rents, producing a stronger-than-average gross cap rate for the Costa Mesa triplex market. Interior photos were taken prior to the current tenants.
Location
State CA
County Orange
Area C4 - Central Costa Mesa
Interior
Heating Wall Furnace
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Assigned
Garage Spaces 3.0
Pool None
Community Features Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer