408 Ford Road, Costa Mesa, CA 92627
- $1,895,000
- List Price
- $1,895,000
- Status
- ACTIVE
- MLS#
- PW26118632
- Year Built
- 1961
- Lot Size
- 8,155
- Acres
- 0.19
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
- Neighborhood
- Other
Property Description
Pleased to present 408 Ford Road, a well-maintained single-story triplex located in Costa Mesa. This property is walking distance to The Triangle and all retail, shopping, and entertainment along Newport Boulevard and 19th Street. Much of the area has been redeveloped and tenant demand remains very strong due to the location and surrounding communities. The property itself consists of (1) two-bedroom/two-bath unit with an inviting, large front patio and (2) additional two-bedroom/two-bath units. Each unit features an outdoor space and storage area. There is also ample parking which includes a double car garage and 2 covered carport spaces plus street-parking. The new investor can quickly realize a strong return on investment through modernization of the property and increased rent levels.
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Additional Information
- Appliances
- Dishwasher
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $110,400
- Operating Expense
- 32961
Listing courtesy of Listing Agent: Rick Applebaum (rma@morganskenderian.com) from Listing Office: Morgan Skenderian.
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