Multifamily

Circle Court

150 E 21st Street, Costa Mesa, CA 92627

Listing Price: $4,250,000

Cap Rate
3.82%
Number of Units
10
Price/Unit
$425,000
Price/Gross SF
$640.74
Gross SF
6,633

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Circle Court, a rare 10-unit multifamily investment opportunity located in Eastside Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a 0.36-acre lot, Circle Court consists of one-bedroom units and offers amenities including private patios and balconies, garage and open parking, and on-site laundry. This listing represents the rare opportunity to acquire a turnkey multifamily investment property which recently underwent extensive high end renovations. Current ownership has invested significant capital renovating the interior and exterior with upgrades including drought resistant landscaping, modern paint schemes, new kitchens, bathrooms, flooring, fixtures, and more (see OM).

Investment Highlights

  • A 10-Unit Multifamily Investment Property Located in Eastside Costa Mesa
  • The Property Offers 100% One-Bedroom Units
  • Amenities Include Private Patios and Balconies, Garage and Open Parking, and On-Site Laundry
  • A Rare Opportunity to Acquire a Turnkey Property with Recent Extensive High-End Renovations
  • The Property is Located Just Minutes Away From Triangle Square, Fashion Island, and South Coast Plaza

Exclusively Listed By

Listing Price: $4,250,000

Cap Rate
3.82%
Number of Units
10
Price/Unit
$425,000
Price/Gross SF
$640.74
Gross SF
6,633

Investment Highlights

  • A 10-Unit Multifamily Investment Property Located in Eastside Costa Mesa
  • The Property Offers 100% One-Bedroom Units
  • Amenities Include Private Patios and Balconies, Garage and Open Parking, and On-Site Laundry
  • A Rare Opportunity to Acquire a Turnkey Property with Recent Extensive High-End Renovations
  • The Property is Located Just Minutes Away From Triangle Square, Fashion Island, and South Coast Plaza

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Circle Court, a rare 10-unit multifamily investment opportunity located in Eastside Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a 0.36-acre lot, Circle Court consists of one-bedroom units and offers amenities including private patios and balconies, garage and open parking, and on-site laundry. This listing represents the rare opportunity to acquire a turnkey multifamily investment property which recently underwent extensive high end renovations. Current ownership has invested significant capital renovating the interior and exterior with upgrades including drought resistant landscaping, modern paint schemes, new kitchens, bathrooms, flooring, fixtures, and more (see OM).

Exclusively Listed By

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