408 Ford Road , Costa Mesa, CA - 92627, Costa Mesa CA is for sale :

Call For Appointment to See This Home
Dmitry Litvishkov (310)-709-4920

408 Ford Road , Costa Mesa, CA - 92627 is For Sale

Details

Price : $1,725,000

Address : 408 Ford Road

City : Costa Mesa

State : CA

Area : 699 - Not Defined

Property Type : Residential Income

Sq M : 758 M²

Total Units : 3

CAP rate : $4

Gross Operating Income : $99,231

Net Operating Income : $69,611

MLS# : PW24188889

Lot Size (Acres) : 0.1872 ac

Property Description

Costa Mesa Home For Sale. 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) two-bedroom/one-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. A separate laundry room affords additional potential income. The new investor can quickly realize a strong return on investment through modernization of the property and increased rent levels.

Listed By

Morgan Skenderian

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