432 Hamilton Street
Costa Mesa, CA, 92627
$3,750,000
Beds
0 Baths
SqFt
0.2 Acres
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Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa’s gentrifying west side neighborhood. This complex offers an excellent 4.8% Cap Rate return at the new tax basis. Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024. The previously existing 3 unit building was painstakingly improved and upgraded in 2023 with new kitchen cabinets, stone counter tops, new appliances, fixtures, lighting, vanities, shower enclosures and much more. The exterior of the previously existing 3 unit building has been recently repainted and the all the windows and sliding glass doors are brand new. The 3 unit building includes two large 2 bedroom, 2 bath apartments and one generously sized 3 bedroom, 2 bath apartment. Each unit in the previously existing 3 unit building also enjoys a private patio or balcony, and one of the units has a large yard. Each of the 5 units has a brand new, refrigerator, microwave, and washer/dryer. There are 5 off street parking spaces (3 standard and 2 tandem).

Property Details

Price:
$3,750,000
MLS #:
NP24144841
Status:
Active
Baths:
0
Address:
432 Hamilton Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Costa Mesa
Listed Date:
Jul 16, 2024
State:
CA
ZIP:
92627
Lot Size:
8,800 sqft / 0.20 acres (approx)
Year Built:
2024
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Interior

Appliances
Microwave, Refrigerator

Exterior

Community Features
Curbs, Sidewalks, Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas

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432 Hamilton Street
Costa Mesa, CA