$1,600,000

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2214 Rutgers Drive Costa Mesa, CA, United States 92627

Income-producing triplex in Central Costa Mesa near Wilson, Harbor and Fairview, minutes to the beach, South Coast Plaza, major freeways and John Wayne Airport. All three 2 bed 1 bath units include a private one-car garage plus an additional parking space. Units A and B are downstairs with rear patios that include exterior laundry hook-ups, and Unit C is an upstairs unit with a private deck and no laundry hook-ups. Recent improvements include a newer roof, dual-pane windows, upgraded electrical in all units, vinyl perimeter fencing, laminate flooring in Unit B and ceiling fans in Unit A. Tenants pay utilities except water and trash. The property is fully occupied at strong rents, producing a stronger-than-average gross cap rate for the Costa Mesa triplex market. Interior photos were taken prior to the current tenants.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1958
  • Built in 1958
  • Home size: 2,490 ft2 / 231.33 m2
  • MLS: NP25245121
  • Status: Active

Property brokered by

First Team Real Estate

(949) 988-3000

Get more listing details on brokerage site

Presented by Nick Skawinski

Contact Nick Skawinski

Contact Agent

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