$7,200,000
$7,825,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
0.66 Acres Lot
SOLD DATE : 02/28/2019
Key Details
Sold Price $7,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside Central (Eccm)
MLS Listing ID OC18259055
Sold Date 02/28/19
HOA Y/N No
Year Built 1959
Lot Size 0.660 Acres
Acres 0.66
Property Description
The community located at 145 E. 18th St. has a distinctive overall unit mix and attractive mid-century architecture. There are (5) one-bed, one-bath units featuring spacious walk-in closets and exceptionally large private balconies;(6) two-bed, one-bath units; (7) large two-bed, 1.5 bath townhouses which have fireplaces, floor-to-ceiling windows, spiral staircases, and huge enclosed yards. These units encircle the pool. There is one legal studio located at the rear of the property which has the largest yard of all units.
Tenants pay their own electricity bills while the owner pays water/sewer, trash, and gas for each unit. There is a community laundry facility. Each townhouse has its own separate hot water heater, and two central water heaters service the balance of the units. There are 19 covered parking spaces with three additional open spaces on site. The building is cantilevered over a portion of the carport so that two cars parked tandem can be fully "covered" in a number of carports. The property has a large motor court for easy ingress and egress.
See 2677 Orange Ave, CM (7-TH units) and 181-183 Santa Isabel CM for a rare total Eastside Portfolio of 33 units. Call Listing Broker for separate Marketing Flyers and or an Eastside Costa Mesa Portfolio - Offering Memorandum.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Zoning R3
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Balcony, Ceramic Counters, High Ceilings, Open Floorplan, Two Story Ceilings, Unfurnished, Walk-In Closet(s)
Laundry Location Common Area
Heating Central, Forced Air, Natural Gas, Wall Furnace
Cooling None
Flooring Carpet, Laminate, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Built-In Range, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
Laundry Common Area
Exterior
Garage Attached Carport, Assigned, Detached Carport
Carport Spaces 19
Pool Community, Fenced
Community Features Suburban, Sidewalks, Urban, Pool
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Parking Type Attached Carport, Assigned, Detached Carport
Total Parking Spaces 22
Private Pool No
Building
Lot Description Back Yard, Landscaped, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42544311
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Daniel Blackwell • CB Richard Ellis, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "