Costa Mesa, CA 92627,592 Hamilton ST

$1,625,000

$1,650,000

1.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/26/2016

Key Details

Sold Price $1,625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision West Costa Mesa North (Wncm)

MLS Listing ID PW16084820

Sold Date 09/26/16

HOA Y/N No

Year Built 1956

Property Description

This unique Costa Mesa 4plex investment on a large 19,600+ sqft lot has been approved for 6 new homes.

The current unit mix is 3 units that are 2 bedroom/1 bath with a 1 car garage and a fully detached 3 bedroom/2 bath home with a 2 car garage. The units feature washer/dryer hookups and private yard space. Residents pay for gas and electric. Very rare for Costa Mesa, the units are separately submetered for water. There is also a storage area and 2 car garage that generates additional income. All units are occupied and there is upside in the income.

The site was recently approved for 6 new detached homes: 3 new homes with 2 bedrooms/2.5 baths and 3 new homes that are 3 bedrooms/2.5 baths and a unique 3 car garage configuration. There are other nearby new home communities. The site backs to Maple Crossing by Richmond American Homes and is a block or two from Current by Shea Homes. It’s close to the fine dining, shopping and eclectic entertainment that Costa Mesa offers.

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Garage, Unassigned

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Suburban

Utilities Available Sewer Connected

View Y/N No

View None

Roof Type Composition

Parking Type Garage, Unassigned

Total Parking Spaces 15

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Entry Level One

Foundation Slab

Water Public

Level or Stories One

Others

Senior Community No

Tax ID 42202132

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christian Walsh • Coldwell Banker Res. Brokerage
Bought with Andrea Routh • Realty One Group, Inc
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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