Est. cap rate

1413.9%

Assumed rent, all units

$8,130/mo

Units

3

Price per unit

$1,150

Est. annual NOI

$48,780

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

2

Bathrooms

1

Building size

720 sqft

Lot size

8,712 sqft

Year built

1954

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

1

MLS #

245503131

About this property

This stunning newly renovated two bedroom, one bath unit features numerous updates: new bathroom and kitchen, new vinyl flooring through out, recessed lighting, as well as in unit laundry for convenience. This layout features an open floor plan which seamlessly blends the kitchen and living room. The kitchen is efficiently designed, with white skinny shaker cabinetry, quartz counter tops, stainless steel appliances, trendy black hardware and a breakfast bar. The bedrooms are of ample size, with large closets. Outside, you will find a very charming patio area, perfect for enjoying sunny afternoons or hosting outdoor gatherings with friends and family. 241 Costa Mesa St Unit B is one of the three units in this enclave, located just minutes from the beaches and buzzing conveniences of 17th Street. Don't miss your chance to make this home your own!

Location

241 Costa Mesa St, Unit B

Costa Mesa, Orange, CA, 92627