Active
984 El Camino Drive
Costa Mesa CA, 92626
$3,499,000
$667.62 per sqft
Active
5,241 sqft
Condo
Built in 1964
Listed by Greg Sharp with Gregory Sharp, Broker 949-233-7065
Turnkey with low maintenance requirements. High-Quality, Complete Remodel and Upgrade in 2023. 6 Apts w/Great Income! Prospective tenants come from Irvine & East Side Costa Mesa due to finishes & competitive rent (above market for the neighborhood). Tenants love the area because their kids walk to school from elementary through college. Property has great appeal to everyone without restriction across all demographics. See rental listings from 2023 on Zillow & SoCal MLS for detailed interior pictures. Neighborhood is revitalizing - Future value will approach Eastside Costa Mesa.
Better than average amenities for tenants: Life Source Whole Building Water Filter to keep down scale and water spots on the glass shower doors. Drink from any faucet in the apartment and makes the hair and skin feel fantastic! Hot water recirc pump for instant hot water, Deep stainless sinks w/sprayer faucet on overhead hose. New mailboxes w/package lockers, BBQ area with table, chairs, heater, covering, evening accent lights. Landscaping Kurapia instead of grass - drought tolerant and rarely needs mowing. Designed property for minimal maintenance. Irrigation system & water fountain out front. New sewer drops from second floor (no cracked cast iron sewer pipes!)
All major systems are new: Water heater, electrical panels, larger water connection to street and 2.5" water meter etc. Individual gas and electric meters plus RUBS in place. 6 Ring security cameras and lights. Gated compound - front & rear gates have mechanical (no battery replacement) pushbutton codes for convenient access for tenants, service staff, UPS/FedEx, etc. All units have new heat/AC or ductless minisplits. Lots of light throughout make them desirable for tenants. Apts A and F have yard/patio. Prewired for cable so no ugly wires outside. Walls and ceilings insulated. Refrigerators incl: Apts A, D, E, and F. Quartz counters, euro hinge cabinets with soft close. Soft close toilet lids. New windows, electric garage door openers with battery backup for new steel roll up doors. Every apartment has assigned parking so no hassles for parking for the all the tenants. Apt B upgraded to include deep hot tub with jets, premium appliances, 3 solatube skylights. W/D in lndry are owned. Only $1.25 each (can be increased). Recently serviced to replace washer pump seal. Apts B and E have direct access garages
Locks are all Kwikset SmartKey for easy rekeying between tenants.
Small storage closet for property tools.
OC24142557
MLSⓇ ID
July 11, 2024
Listed
October 4, 2024
Updated
Map
984 El Camino Drive
Costa Mesa CA, 92626
Interior Features
Total Stories
2
Interior Features
Ceiling Fan(s), Crown Molding, Open Floorplan, Quartz Counters, Attic, Walk-In Pantry, Walk-In Closet(s)
Appliances
Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Microwave, Refrigerator, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Water Purifier, Dryer, Washer
Laundry Description
Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air, ENERGY STAR Qualified Equipment, High Efficiency
Heating
Yes
Heating Description
Central, Ductless, ENERGY STAR Qualified Equipment
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Awning(s), Barbecue, Rain Gutters
Lot Features
Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Irregular Lot, Lawn, Landscaped, Near Park, Sprinklers Timer, Sprinkler System, Street Level, Trees, Yard
Architectual Style
Traditional
Roof
Asphalt, Shingle
Sewer
Public Sewer, Sewer Tap Paid
Other Property Details
Area Name
C4 - Central Costa Mesa
Days on Market
73
Association Amenities
Electricity, Management, Outdoor Cooking Area, Barbecue, Pet Restrictions, Pets Allowed, Trash
Garage
Yes
Garage Spaces
4
Parking
Assigned, Concrete, Direct Access, Door-Single, Driveway, Garage, Garage Door Opener, On Site, Paved, Private, Garage Faces Rear, One Space, Shared Driveway, Side By Side, Tandem, Uncovered
Parking Total
13
View
No
View Description
None
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
9/22/2024 | Price change | $3,499,000 -6% |
Listing Contact: 949-233-7065
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/4/2024 at 2:01 AM UTC