• 280 E 16th St. Costa Mesa, CA 92627

  • $2,550,000
  • 4
    Bed(s)
  • 3
    Baths
  • 3,134
    Sq Ft
  • 6970
    Sqft
  • Listed By: Jeffrey Newman, Newman Properties, Inc, DRE #01164496
  • Source: CRMLS

280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). WILL NOT BE SOLD SEPARATELY. Both properties well maintained with great rental history and leases in place. Two 2 bed 1 bath units. One lease ends in May 2024 another ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest. Pics tomorrow.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Orange

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1062094780 1 1 1 0
2 1062094780 1 1 1 0
3 1062094780 1 2 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1964

Building Area Total: 3,134

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.16

Lot Size Source: Public Records

Lot Size Square Feet: 6970

Listing Price Information

Original List Price: 2,550,000

Listing Contract Date: 2024-03-05

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 42522113

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C5 - East Costa Mesa

Directions: Newport Blvd to 16th St., East to property address

Source Property Type: Residential Income

Area: C5 - East Costa Mesa

Property SubType: Quadruplex

Building and Construction

Property Age: 60

Common Walls: 2+ Common Walls

Structure Type: Quadruplex

Year Built Source: Public Records

Entry Level: 1

Entry Location: ground front

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
124 Melody Lane, Costa Mesa, CA,92627 $1,650,000 3 2 1,802 8780 Sqft
939 W 19th Street #A-7, Costa Mesa, CA,92627 $859,900 3 2 1,600 1620 Sqft
186 Del Mar Avenue, Costa Mesa, CA,92627 $2,190,000 -- -- 2,597 9240 Sqft
150 Cecil Place, Costa Mesa, CA,92627 $2,165,000 4 4 2,280 8712 Sqft
2191 Harbor Boulevard #9, Costa Mesa, CA,92627 $179,900 3 2 1,152 --
2177 Pomona Avenue, Costa Mesa, CA,92627 $1,250,000 -- -- 1,680 6490 Sqft
2171 Pomona Avenue, Costa Mesa, CA,92627 $1,250,000 -- -- 1,680 6490 Sqft
283 Avocado Street, Costa Mesa, CA,92627 $12,000,000 -- -- 14,159 37026 Sqft
124 Melody Lane, Costa Mesa, CA,92627 $1,650,000 -- -- 2,900 8780 Sqft
1845 Monrovia #57, Costa Mesa, CA,92627 $375,000 3 2 1,414 --

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ByOwner last updated this listing 05/06/2024 @ 09:22

MLS: NP24002007
LISTED BY: Jeffrey Newman, Newman Properties, Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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