674 W 18th St,
Costa Mesa, CA 92627
已成交 成交價: $148.3萬 成交日期: 2018年04月23日
卧室: -- 浴室: -- / 土地
房屋信息

土地

17089 平方英呎
(1,588平方米)

地產編號: OC18043343
所處郡縣: Orange
面積單價:$86.78/sq.ft ($934 / 平方米)
房屋簡介

TRUST SALE. This site is perfect for Redevelopment and is zoned R-2 HD (20 units to the acre) which we believe will support 5-6 new residences. Any serious developer should meet with City of CM planing officials for details. This type of redevelopment and re-gentrification is happening all over Westside Costa Mesa. The Seller will provide a reasonable Due Diligence time-frame for a developer; however, they would like to close on an un-entitled basis with pricing reasonable to that end. First time on the market since 1970. The 18th Street Cottages/Development Site has many options as redevelopment now or great value add play. There are (4) 2bd/1ba single story cottages each with large yard, single garage, W & D hook-ups, and separate hot water heaters. The improvements are situated on the front of a large 17,090 sq ft lot boasting a very large open area in the rear. The property and improvements need renovation and there is tremendous attainable upside with those improvements. The last rental and currently the highest rent is $1850 with the lowest unit rent at $1100. The front unit with very large yard is $1300 with a 12 year resident. There is one vacant un-renovated unit and that unit interior can be shown to a qualified and vetted investor/developer by appointment. Call Listing Broker for 5-page Color Marketing Flyer with Proforma.

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