280 E 16th St., Costa Mesa, California 92627
- Residential Income Property Type
- 109 Days Time on market
- 1964 Year Built
280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). MAY BE SOLD SEPARATELY IF BOTH BUYERS AGREE TO CREATE DRIVEWAY EASEMENT AND CLOSE CONCURRENTLY (Cost of easement to be born equally by buyers and seller). Both properties well maintained with great rental history. Two 2 bed 1 bath units. One lease ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. Laundry on site.
Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest.
