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615-617 Victoria St
Costa Mesa, CA 92627 Costa Mesa

$5,995,000 USD

Apartments For Sale • 9,240 SF

Property Details

Property Type Apartments
Total Building Size 9,240 SF
Lot Size 1.33 AC
Building Class C
Year Built 1955
Cap Rate 3.81 %

44 Transit Score

68 Walk Score

                
                    Highlights
                
                                3 Parcels, 1.32 Acres
                            
                                All Single Story 2 Bedroom/1 Bathroom Units
                            
                                Private Patios, Washer/Dryer Hookups
                            
                                Single Car Garages & Ample Parking
                            
                                Value-Add Or Re-Development Opportunity

Financial Summary (Actual)

Net Operating Income: $228,389 USD (2023)

Cap Rate:	3.81 %
Total Expenses:	$108,601 USD

Amenities

Washer/Dryer Hookup
Kitchen
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	14 min	-	9.4 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	7 min	-	4.2 mi
Long Beach (Daugherty Field)	28 min	-	21.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Nick Gould 949-996-4785 Gould Group Investment Real Estate

615-617 Victoria St Costa Mesa, CA 92627 Costa Mesa