Costa Mesa, CA 92627,135 Broadway
Costa Mesa, CA 92627,135 Broadway
Costa Mesa, CA 92627,135 Broadway
Costa Mesa, CA 92627,135 Broadway
Costa Mesa, CA 92627,135 Broadway
Costa Mesa, CA 92627,135 Broadway
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$2,935,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 02/23/2023

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision ,Broadway

MLS Listing ID PW22120993

Sold Date 02/23/23

HOA Y/N No

Year Built 1936

Property Description

**HIGHLY MOTIVATED SELLER, PRICE REDUCED $215,000** We are pleased to offer this rare R2-HD zoned 7-unit apartment community, located at 135-37 Broadway on Costa Mesa's Eastside. This is the first time this building has ever been listed for sale and is being sold by the original builder's family. The building is comprised of (6) Studio units and (1) 1Bedroom/1-Bathroom unit. It is located just across the street from The Triangle and within walking distance of the E. 17th Street shopping and dining district. This opportunity offers investors the ability to renovate the current units and move rents up with the potential for 53% in the rental upside. The property zoning also off investors a long-term exit strategy for higher-density development.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 42545122

Energy Description 5250.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Nick Gould Morgan Skenderian
Bought with Cameron Jacques Kinnery's Brokerage House
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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