$1,550,000
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4 Beds
2 Baths
1,877 SqFt
SOLD DATE : 06/07/2023
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,877 sqft
Price per Sqft $825
Subdivision Eastside Central (Eccm)
MLS Listing ID OC23030398
Sold Date 06/07/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1940
Lot Size 8,049 Sqft
Lot Dimensions Assessor
Property Description
Located in one of the most beautiful neighborhoods, this 8050 square foot corner lot offers a rare opportunity for both end-users and developers. The current property features two units, each metered. For developers, this property offers great potential to remodel the existing units and add a 1200 square feet ADU.
The first unit features two bedrooms and one bathroom, and the second unit has one bedroom and one bathroom with an office, perfect for a rental property or a guest suite. Both units have separate entrances and are located on opposite corners of the property, providing excellent privacy and versatility.
Remodeling the existing units provides a unique opportunity to create modern and functional living spaces, equipped with high-end finishes and luxurious amenities. Additionally, the addition of an ADU on this corner lot provides endless possibilities for rental income or a separate living space facing opposite streets.
Overall, this property provides an excellent opportunity for end-users and developers alike to create their dream home or investment property in a beautiful neighborhood.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Zoning R1
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry Laundry Room
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Dog Park, Fishing, Golf, Hiking
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42607401
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States