Property Description

Pride of ownership, turnkey triplex in the city of Costa Mesa. Located about 1.5 miles from the beach & conveniently located near freeways, shopping, dining and schools. This triplex features 3 units, each with 2 bedrooms & 1 full bath. Each unit also features a full kitchen, living room, dual pane windows, and plenty of storage & closet space. Each unit comes with a private detached garage & 1 reserved parking space. There is a 4th reserved space that is leased to one of the tenants for an additional monthly fee. The downstairs unit has an attached patio, fenced in yard, large storage shed & larger garage with a storage area. The community laundry is in an enclosed room with washer & dryer included. The roof is 3 years old; a new tankless water heater & circulating pump was just installed & the exterior was just repainted. This triplex has a very low vacancy rate. All units are currently occupied. Unit #1 lease expires 8/31/2024, unit #2 expires on 10/31/2024 and unit #3 expires on 3/31/2025. Buyer to co-operate with the seller's 1031 exchange. Information deemed reliable, but not guaranteed. Listing Agent & Broker have not verified the information. Buyer & their agent are advised to investigate all aspects of the property, home, neighborhood, school boundaries, etc. to their satisfaction.

ESSENTIAL INFO

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