Sold

233 Avocado ST

COSTA MESA CA, 92627

$7,250,000


$467.74 per sqft

Sold

5 Beds

6 Baths

15,500 sqft

Residential

Built in 1959

We are pleased to present 221 1/2 - 233 Avocado Street, a 15 units + 2 Non-conforming unit multifamily community located in Costa Mesa, CA. The asset is built in 1954 and 1986 and situated on two separate parcels totaling 1.14 acres. The property features an excellent unit mix of Four 2 bed / 2.5 bath townhomes built in 1986 with washer/dryer hookups, two-car garages, and private back patios, Ten - 2 bed / 1 bath single story detached cottages with washer/dryer hookups and one Single family home house split into One 1 bed / 1 bath and two studios (non-conforming). There is significant income upside of approximately +/- 34%, providing investors an opportunity to increase the yield of a high quality asset located in on of the top rental markets of southern California.

OC22147273MR

MLS ID

July 6, 2022

Listed

May 9, 2024

Updated

Map

233 Avocado ST
COSTA MESA CA, 92627

Interior Features

Bedrooms

5


Total Bathrooms

6


Laundry Description

In Kitchen


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.84 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Central Costa Mesa


Days on Market

137


Garage

Yes


Garage Spaces

22


Parking Total

22


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listed by Brett Bayless with Brett Bayless, Broker
Listing Contact: 949-724-5570 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Anastasiya Richards | CA DRE# 01973283 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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