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1012 & 1018 Mission Drive

Costa Mesa, CA 92626

$3,800,000 Sale Price
Est. Payment: $ 0/mo
16
Bed
0
Bath
9,402 Sq. Ft.
$473 / Sq. Ft.
Sold

1012 & 1018 Mission Drive

Costa Mesa, CA 92626

Sold
$3,800,000 Sale Price
$0/mo
16
Bed
0
Bath
9,402
Sq. Ft.
Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably, the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents. Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.
PROPERTY INFORMATION
MLS # NP24059586 Lot Size 14,502 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 4,450,000
Price Per SqFt: $ 473
DOM 401 Days
Address 1012 & 1018 Mission Drive Type Residential Income
City Costa Mesa Sq.Ft. 9,402 Sq. Ft.
Postal Code 92626 Garage 8
County Orange Year Built 1964
Bed / Bath 16 / 0 Parking 14
Built In 1964 Status Closed
Sold Date 2024-10-03
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Community
Has Fireplace No
Fireplace Information None
Has Heating Yes
Heating Information Wall Furnace
Has Cooling No
Cooling Information None
EntryLocation 1
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
Has Fence Yes
Fencing Block
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $4,747
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
06/21/2024 Active Under Contract $4,450,000
03/25/2024 Listed $4,450,000
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Listing provided courtesy of Nick Gould, Gould Group Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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