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$9,440,000 (USD)
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Costa Mesa Area Multi-Family Home

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291 293 Avocado Street Costa Mesa, CA 92627

Bed
0 Baths
18012 sqft
291 - 293 Avocado Street is a 24-unit multifamily property in Costa Mesa, California. The asset consists of two 12-unit buildings situated on contiguous parcels and arranged around a shared central courtyard. Built in 1965, the gated property offers approximately 18,012 rentable square feet and features a unit mix of 20 one-bed/one-bath units and 4 two-bed/one-bath units. The property provides 45 parking spaces (approximately 1.9 per unit), including a mix of surface, carport, and garage parking, along with an on-site laundry room. Ownership has completed several capital improvements, including a roof replacement, copper plumbing, and upgraded electrical subpanels. The property has also completed its SB-721 inspection with no required corrective work. 19 of the 24 units have been renovated, and rents are currently near market, supporting stable in-place income. The installation of in-unit washer/dryer hookups presents a potential enhancement, as this feature remains relatively uncommon among comparable properties yet is highly desirable to renters. The property also includes underutilized common area space that could be repositioned into amenities or, subject to city approval, may offer ADU potential. The property is located in a desirable Westside Costa Mesa setting with convenient access to nearby retail, dining, and major transportation corridors.
Listing Courtesy of CRMLS / Listed By: Tyler Leeson, Marcus & Millichap Re Invest
$635,000 (USD)
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Finisterra Green Alta (Fga) Area Condominium

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23224 Coso Mission Viejo, CA 92692

2 Bed
2 Baths
1269 sqft
PRICE REDUCED FOR FAST SELLING, VIEWS, VIEWS; 2 bedrooms, 2 bathrooms. Welcome to your one-story dream home, or an amazing investment opportunity with golf course view located in the prestigious Golf Course Gated community of Finisterra on the Green. Ground floor no age restrictions condominium upgraded kitchen and bathrooms with granite counter tops, new appliances and custom cabinetry. The home has been recently painted, and oversized primary suit with view of the golf course/greens. Owner to provide $2,500 carpet allowance. Additional highlights include a detached one-car garage with ample storage and extra covered carport space. The renowned Oso Creek Golf Course was designed by Ted Robinson, acclaimed architect of over 160 golf courses and the course boasts an impressive 18-hole, par 61 course, measuring 3,670 yards.

Whether you’re looking for a home that has beautiful views, or a home that’s in a safe Gated Golf Course community, this home has it all. The home is conveniently located within walking distance to Lake Mission Viejo, shopping, dining, entertainment, recreation and approximately 9 miles from ocean and beaches. HOA includes access to community pool & spa, BBQ/grills, parks/playgrounds, as well as Lake Mission Viejo Membership privileges including, but not limited to the clubhouse, beaches, fishing, boating and much more fun. Don’t miss out on this opportunity to own your dream home or investment property in one of the most desirable neighborhoods in Mission Viejo.
Listing Courtesy of CRMLS / Listed By: Ed Farnaghi, Coldwell Banker Realty