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Listed by Mark Fitter • AARE
$ 3,495,000
Est. payment /mo
Price Dropped by $200K
681 Victoria Costa Mesa, CA 92627
18,295 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 18,295 sqft
Price per Sqft $191
MLS Listing ID OC-26134197
Year Built 1964
Lot Size 0.420 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional investment opportunity in the heart of Costa Mesa. Located in the beautiful Westside area, 681 Victoria offers a diamond in the rough 7 unit, multifamily property with great possibilities and convenient access to beaches, shopping, dining, and major transportation routes. The property features a variety of unit types, functional layouts, and some private outdoor space, providing long-term appeal for both tenants and investors. Situated on a generous lot in an established residential neighborhood, this asset presents the possibility for stable cash flow with potential for future upside. Residents enjoy close proximity to Newport Beach, 17th Street, Triangle Square, Pacific Coast Highway, and the 55 Freeway. Whether expanding an investment portfolio or acquiring a quality income-producing property in a high-demand coastal market, this property represents a compelling opportunity in one of Orange County's most sought-after rental locations. Four two story units with 2 bedrooms and 1.5 baths, one upstairs unit with 1 bedroom and 1 bath, 1 single level unit with 2 bedrooms and 1 bath and one single level unit with 3 bedrooms (per appraiser) and 1 bath. There is laundry hook-up for each unit and lots of parking. There are also two single garages. Financial information provided upon request. Any and all information on the MLS is deemed to be reliable but is not guaranteed. Buyer to satisfy self with due diligence and appropriate inspections.
Location
State CA
County Orange
Area C2 - Southwest Costa Mesa
Interior
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 2.0
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer