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2525 Elden , Costa Mesa, CA 92627
Priced at Only: $3,600,000
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Address: 2525 Elden , Costa Mesa, CA 92627
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  • MLS#: OC26068942 ( Commercial/Residential )
  • Street Address: 2525 Elden
  • Viewed: 1
  • Price: $3,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: ORANGE
  • City: Costa Mesa
  • Zipcode: 92627
  • Subdivision: Eastside North (encm)
  • Provided by: Seven Gables Real Estate
  • Contact: John John
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Three detached single family residences with one car garages AND a 3 plex with great market appeal. To the rear of the lot there is a vacant area that may be used to add an ADU (check with the City of Costa Mesa). Exceptional opportunity to acquire a versatile multi family property in the heart of Costa Mesa. Situated at 2525 Elden Avenue, this income producing asset is located in a highly sought after neighborhood just minutes from the coast, top tier dining, shopping, and major commuter routes. The property features a diverse and functional unit mix, perfect for maximizing rental yield: * Unit A 3 Bedroom, 1 Bath unit with Garage * Unit A1, B1, B2 1 Bedroom, 1 Bath units * Unit C 2 Bedroom, 1 Bath with Garage * Unit D 3 Bedroom, 1 Bath with Garage * Set on a rectangular parcel, over 20,000sf with an approximate vacant area in the back of the lot 66x50. The property offers strong in place income with substantial upside potential for investors or owner users seeking to reposition or enhance value. Opportunities like this are rareprime location, solid fundamentals, and long term appreciation potential in one of Orange Countys most desirable rental markets.
Features
Appliances
  1. Dishwasher
Architectural Style
  1. Ranch
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3945.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
  2. No One Above
Cooling
  1. None
Country
  1. US
Direction Faces
  1. East
Electric
  1. Standard
  2. Electricity - On Property
Electric Expense
  1. 1.00
Fencing
  1. Block
  2. Wood
Fireplace Features
  1. None
Foundation Details
  1. Slab
Fuel Expense
  1. 1.00
Garage Spaces
  1. 3.00
Gardner Expense
  1. 1440.00
Heating
  1. Forced Air
  2. Central
Insurance Expense
  1. 5700.00
Laundry Features
  1. Inside
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Rectangular Lot
  2. Back Yard
  3. Yard
Netoperatingincome
  1. 138724.00
Newtaxesexpense
  1. 37718.00
Parcel Number
  1. 43917134
Parking Features
  1. Garage
  2. Direct Garage Access
  3. Driveway
  4. Unpaved
  5. Unassigned
Pool Features
  1. None
Professionalmanagementexpense
  1. 1.00
Property Type
  1. Commercial/Residential
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 459676373:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Eastside North (ENCM)
Tenant Pays
  1. Gas
  2. Water
  3. Electricity
Totalactualrent
  1. 15433.00
Totalexpenses
  1. 46472.00
Trash Expense
  1. 539.00
Uncovered Spaces
  1. 13.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Cable Connected
  4. Phone Connected
  5. Electricity Connected
  6. Water Connected
View
  1. None
Water Sewer Expense
  1. 1075.00
Water Source
  1. Public
Year Built
  1. 1947
Year Built Source
  1. Appraiser
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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