Skip To Content

132 E 18TH Street

Costa Mesa, CA 92627
  • $2,850,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 22147422
UPDATED: 32 min ago
$2,850,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Laura Villa of Homesmart (760-844-7500)


Description

DO NOT DISTURB CURRENT TENANTS - DRIVE BY ONLY. A great investment opportunity. Zoned for Commercial and Residential. This is an old 1947 bungalow duplex with TWO HOMES/offices. Large spacious lot with a Pickleball Court painted on concrete between the two homes (duplex). A unique property with a front house building which is a 4 bedroom 1 bath home and the the back house building consists of a charming 1 bedroom and 1 bath shared with a 1 bedroom/1 bath Studio. There is enough parking in courtyard for 6 cars. Coastal Living property is commercially zoned and R2. Ideal for a developer to tear down and build new units. A great find for a remodel for family that needs grandmothers quarters.....Lastly, wonderful for a home business (homecare, healthcare, childcare or income property) where you can manage a home and family while generating business revenue stream which proved satisfying to me.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127969501
Print Image

132 E 18TH Street Costa Mesa, CA 92627

  • Price: $2,850,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 32 min ago
  • ID#: 22147422
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1947
Built
Neighborhood:
Harper
County:
Orange
Area:
C5 - East Costa Mesa
Property Description
DO NOT DISTURB CURRENT TENANTS - DRIVE BY ONLY. A great investment opportunity. Zoned for Commercial and Residential. This is an old 1947 bungalow duplex with TWO HOMES/offices. Large spacious lot with a Pickleball Court painted on concrete between the two homes (duplex). A unique property with a front house building which is a 4 bedroom 1 bath home and the the back house building consists of a charming 1 bedroom and 1 bath shared with a 1 bedroom/1 bath Studio. There is enough parking in courtyard for 6 cars. Coastal Living property is commercially zoned and R2. Ideal for a developer to tear down and build new units. A great find for a remodel for family that needs grandmothers quarters.....Lastly, wonderful for a home business (homecare, healthcare, childcare or income property) where you can manage a home and family while generating business revenue stream which proved satisfying to me.
Exterior Features

Construction Materials FrameConcreteStucco Direction Faces South Entry Location Ground Level - No Steps Foundation Details Slab Number Of Separate Electric Meters 2 Parking Features AssignedDirect AccessDrivewayGarage Parking Total 6 Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Customized Wheelchair AccessibleGrab BarsNo StairsParkingAccessible Approach With Ramp Appliances DishwasherDisposalGas OvenMicrowaveRefrigeratorVented Exhaust FanDryer Fireplace Features BathDenDining RoomElectricFree StandingGasKitchenLiving RoomOutside Fireplace YN Yes Flooring CarpetTile Heating Space Heater Heating YN Yes Interior Features Ceiling Fan(S)Attic Window Features BlindsScreens

Property Features

Additional Parcels YN No Association Fee 0 Buyer Financing CashConventional Community Features Gated Disclosures Earthquake Insurance AvailablePrincipal is Real Estate Licensed Electric Expense 5400 Garage YN Yes Gross Income 80000 Gross Scheduled Income 80400 Insurance Expense 2000 Land Lease YN No Laundry Features Outside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 12000 Net Operating Income 2400 New Construction YN No New Taxes Expense 9000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Possession Close Of Escrow Property Condition FixerRepairs Cosmetic Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Detection SystemFire Rated DrywallGated CommunityResident ManagerSmoke Detector(S) Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TvElectricityExterior MaintenanceGasGrounds CareInsuranceJanitorial ServiceManagementRoofTaxesTrash CollectionWater Total Actual Rent 80400 Water Sewer Expense 1000 Zoning R2-Md



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
Logo
The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Laura Villa of Homesmart (760-844-7500)