MLS:24-474763

3123 Cinnamon, Costa Mesa, CA 92626

Priced at: $2,150,000
Bedrooms:
9
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
4,614 Sq Ft
Lot SqFt:
8,004 Sq Ft
Year Built:
1966
Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Rent roll listed includes the recent rent increase effective April 1st. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Interior electrical subpanels have been replaced in all units and the laundry room recently. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Fees

Features

Equipment/ Appliances:
  • Other
Parking:
  • Garage - 1 Car
  • Garage - 2 Car
  • Uncovered

Property Inquiry

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MLS: 24-474763
3123 Cinnamon, Costa Mesa, CA 92626
Price: $2,150,000
Listing courtesy of CB Richard Ellis, Inc.

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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