1247 Baker Street

    Costa Mesa, CA 92626
    • $1,500,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: OC19226390
    UPDATED: 72 min ago
    $1,500,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,788
      SQFT
    • $313
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    1247 West Baker Street is a 4-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a 0.14-acre lot, the 4,788 square foot property consists exclusively of two bed/1.75 bath units. The property offers amenities including private patios and balconies, open parking, and garage parking.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T17:36:34.683. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99243684

    1247 Baker Street Costa Mesa, CA 92626

    • Price: $1,500,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: OC19226390
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,788
    SQFT
    $313
    $/SQFT
    1960
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    1247 West Baker Street is a 4-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a 0.14-acre lot, the 4,788 square foot property consists exclusively of two bed/1.75 bath units. The property offers amenities including private patios and balconies, open parking, and garage parking.
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 4.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Acres Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Forced Air Heating YN Yes Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 2132.00 Elevation Units Feet Fuel Expense 2133.00 Gross Income 79800.00 Gross Operating Income 77442.00 Gross Scheduled Income 79800.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN No Licenses Expense 1200.00 Maintenance Expense 2000.00 Net Operating Income 46042.00 New Construction YN No New Taxes Expense 16949.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 31400.00 Other Expense 1520.00 Other Expense Description Other Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6550.00 Total Expenses 31400.00 Trash Expense 2133.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 2133.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T17:36:34.683. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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