Costa Mesa, CA 92627 203 Ogle Street
$2,195,000
6 more
Presented By: Nick Gould with Gould Group Inc; ng@gouldgroupinc.com
Full/Half Baths • 1 / 1
SQFT • 3,366
Garage • 4
Home Details
Rare triplex opportunity located in the highly sought-after Eastside Costa Mesa market bordering Newport Heights and Newport Beach. 203 Ogle Street features an attractive unit mix consisting of (1) 4BR/2BA townhouse-style unit, (1) 2BR/1.5BA townhouse-style unit, and (1) 2BR/1BA unit, offering large floorplans that rarely come available in coastal multifamily properties of this size.
Positioned in one of Orange County’s premier rental markets, the property is just moments from 17th Street, top shopping and dining, Newport Harbor, beaches, and offers convenient access to the 55, 73, and 405 freeways. The location continues to benefit from strong long-term rental demand and limited multifamily supply.
Ideal opportunity for investors seeking a well-located coastal asset with long-term upside in one of Costa Mesa’s most desirable submarkets. Drive by only. Please do not disturb tenants.
Presented By: Nick Gould with Gould Group Inc; ng@gouldgroupinc.com
Interior Features for 203 Ogle Street
Other Interior Features
Air Conditioning Y/NNo
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level2
General for 203 Ogle Street
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
CityCosta Mesa
Community FeaturesBiking, Curbs, DogPark, Gutters, PreservePublicLand, StormDrains, StreetLights, Sidewalks
ContingencyProperty offered in current as-is condition. Buyer to verify all information, unit mix, square footage, rents, and conduct their own due diligence. Interior inspections subject to seller approval. Please do not disturb tenants.
CoolingNone
CountyOrange
DirectionsLocated in Eastside Costa Mesa near the Newport Heights border, just south of 17th Street with convenient access from the 55, 73, and 405 Freeways.
Electric Expense3000
Entry Location2
Fuel Expense1500
Garage Spaces4
Garage Y/NYes
Gross Income101352
HeatingWallFurnace
Insurance Expense2492
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet6257
Lot Size UnitsSquareFeet
MLS AreaC5 - East Costa Mesa
MaintenanceExpense6048
Net Operating Income55707
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Open Parking Spaces4
Operating Expense42604
Pool FeaturesNone
PostalCityCOSTA MESA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat, Mansard
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories Count2
Subdivision NameEastside Heights (EHCM)
Tax Lot63
Taxes$22,998
Tenant PaysCableTv, Electricity, Gas
Total Actual Rent100752
Trash Expense1500
ViewNone
Water Sewer Expense1500
Year Built1972
Year Built SourceAssessor
Exterior for 203 Ogle Street
Building Area Total3366
FencingNone
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1436
Lot Size Area6257
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypeAlleyPaved
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®