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287 16th Place

Costa Mesa, CA 92627

$5,000,000 Sale Price
Est. Payment: $ 0/mo
6
Bed
0
Bath
9,049 Sq. Ft.
$580 / Sq. Ft.
Sold

287 16th Place

Costa Mesa, CA 92627

Sold
$5,000,000 Sale Price
$0/mo
6
Bed
0
Bath
9,049
Sq. Ft.
Premium Eastside Costa Mesa rental location. One of only a few 5+ buildings below 17th St and bordering Newport Heights, the property is walking distance to all of the hip retail, shopping, bars, and restaurants that line 17th St., while providing tenants a nice place to live on a quiet street. Rare opportunity to own this 8 unit apartment complex in an area with low rental supply/vacancy and rarely available properties. The high desirability makes the units easy to rent upon any turnover, resulting in a great long term investment as housing and rents in the area continue to appreciate.
PROPERTY INFORMATION
MLS # OC23060572 Lot Size 13,068 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 5,250,000
Price Per SqFt: $ 580
DOM 749 Days
Address 287 16th Place Type Residential Income
City Costa Mesa Sq.Ft. 9,049 Sq. Ft.
Postal Code 92627 Garage 2
County Orange Year Built 1963
Bed / Bath 6 / 0 Parking 10
Built In 1963 Status Closed
Sold Date 2023-09-01
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Community, In Closet, In Kitchen
Has Fireplace No
Fireplace Information None
Has Heating Yes
Heating Information Central
Has Cooling No
Cooling Information None
EntryLocation Individual Entry
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $5,600
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/10/2023 Active Under Contract $5,250,000
06/05/2023 Price Change $5,250,000 (-4.53%)
05/04/2023 Price Change $5,499,000 (-4.37%)
04/13/2023 Listed $5,750,000
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Listing provided courtesy of Christopher Pettit, Skyline Commercial Real Estate. 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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