A rare investment opportunity in the highly sought-after Mesa Verde "Spice Streets"! This well-maintained fourplex boasts 4,966 square feet of living space on an 8,700 square foot lot, offering a solid income stream with long-term tenants in place and significant upside potential for rental growth. The property features a mix of three 2-bed/2-bath units and one spacious 3-bed/2-bath unit with a private master bath, fireplace, and laundry in unit. Parking is plentiful with enclosed garage spaces and two uncovered spaces, plus an on-site laundry facility for tenant convenience. Each unit is separately metered for gas and electricity. Tenants enjoy easy access to local parks, shopping and dining spots, and major freeways, including the 405 and 55. Don’t miss this incredible investment opportunity in one of Costa Mesa’s best multifamily communities!
Property Details
Price:
$2,076,000
MLS #:
PW25018717
Status:
Active Under Contract
Baths:
0
Address:
3102 Mace Avenue
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
Mesa Verde Residential Income MVRI
Neighborhood:
c1mesaverde
City:
Costa Mesa
Listed Date:
Jan 26, 2025
State:
CA
ZIP:
92626
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1969
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre, Landscaped, Park Nearby, Sprinkler System, Yard
Parking Features
Assigned, Garage Faces Rear, Garage – Single Door, Garage – Two Door
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address3102 Mace Avenue Costa Mesa CA
- AreaC1 – Mesa Verde
- SubdivisionMesa Verde Residential Income (MVRI)
- CityCosta Mesa
- CountyOrange
- Zip Code92626
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3102 Mace Avenue
Costa Mesa, CA
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