$1,725,000
408 Ford RD Costa Mesa, CA 92627
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$1,725,000
Est. payment /mo
8,154 Sqft Lot
Active
408 Ford RD Costa Mesa, CA 92627
UPDATED:
10/21/2024 07:07 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24188889
HOA Y/N No
Year Built 1961
Lot Size 8,154 Sqft
Property Description
Pleased to present 408 Ford Road, a well-maintained single-story triplex located in Costa Mesa. This property is walking distance to The Triangle and all retail, shopping, and entertainment along Newport Boulevard and 19th Street. Much of the area has been redeveloped and tenant demand remains very strong due to the location and surrounding communities. The property itself consists of (1) two-bedroom/two-bath unit with an inviting, large front patio and (2) two-bedroom/one-bath units. Each unit features an outdoor space and storage area. There is also ample parking which includes a double car garage and 2 covered carport spaces plus street-parking. A separate laundry room affords additional potential income. The new investor can quickly realize a strong return on investment through modernization of the property and increased rent levels.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Assigned
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 41920102
Energy Description 612.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Rick Applebaum • Morgan Skenderian • rma@morganskenderian.com