1553 Wintergreen Place, Costa Mesa, CA 92626
- $1,211,312
- Sold Price
- $1,211,312
- List Price
- $1,349,990
- Closing Date
- Feb 13, 2024
- Status
- CLOSED
- MLS#
- OC23214826
- Year Built
- 1970
- Lot Size
- 6,534
- Acres
- 0.15
- Lot Location
- Back Yard, Front Yard
- Days on Market
- 36
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- Other
Property Description
Located in the Heart of Costa Mesa, this upgraded duplex has been very well maintained with dependable, long-term tenants in place. Current Cap Rate is 2.6%, with an upside of 4% with some changes. One unit is a 3 bedroom, 2 bath home with a large living room, remodeled kitchen, newer flooring, direct access to the 2 car garage, and a good size backyard. The 2nd unit is a 2 bed, 1.5 bath, remodeled home, also with direct garage access and a large backyard. There are separate laundry hookups in the garage for each tenant. Located in a very desirable area, this home has extremely low vacancy. Perfect for an Owner User or a 1031 Exchange Buyer, this investment property is not to be overlooked. Schedule a viewing today!!!
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Additional Information
- Appliances
- Dishwasher, Free-Standing Range
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Stucco
- Roof
- Flat
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, All Bedrooms Down, Main Level Primary
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $66,000
- Operating Expense
- 24492
Listing courtesy of Listing Agent: Michael Doyle (sold@mikedoyle-re.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Michael Townsend from Townsend Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.