Costa Mesa, CA 92627 132 E 18th Street
$1,875,000
Pending
3 more
Presented By: Christopher Pettit with Skyline Commercial Real Estate; 626-664-9863
- MLS# OC24252699
- 12/23/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 5
Baths • 3
SQFT • 2,020
Home Details
Great location with tons of opportunity! You can enjoy the current income, move into one of the units and use the income to help with your monthly payment, build more units, build your dream home - plenty of options.
The property has been well maintained with strong operational history, and in this location is always very easy to rent.
Presented By: Christopher Pettit with Skyline Commercial Real Estate; 626-664-9863
Interior Features for 132 E 18th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 132 E 18th Street
Additional Parcels Y/NNo
Association AmenitiesPickleball
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.39
Carport Y/NNo
CityCosta Mesa
Community FeaturesBiking, Urban
CoolingWallWindowUnits
CountyOrange
DirectionsOff Newport Blvd
Electric Expense4179.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income97500.0
HOANo
HOA Fee$0.0
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense1818.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsConventional
Lot Size Square Feet6534.0
Lot Size UnitsSquareFeet
MLS AreaC5 - East Costa Mesa
MobileHomeRemainsYNNo
Net Operating Income63613.0
New ConstructionNo
Number Of Units Total3
Operating Expense30962.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Subdivision NameNA
Tax Annual Amount20992.0
Tax Lot16
Taxes$19,729
Tenant PaysNone
Total Actual Rent8000.0
Trash Expense0.0
Water Sewer Expense876.0
Year Built1947
Year Built SourceAssessor
Exterior for 132 E 18th Street
Building Area Total2020.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.15
Lot Size Area6534.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate