$2,395,000
Pending

263 E 16th Place

Costa Mesa, CA 92627
0.16 acres | #NP24232571
Listing OfficeGould Group Inc
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Discover a prime investment opportunity with this added-value, four-unit property in one of Costa Mesa’s most desirable locations. Situated just steps from E. 17th Street, Newport Heights, and within reach of several top-ranked public schools in Orange County, this property is ideally positioned for
convenience and long-term value. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 943 square feet of living space, complete with a single-car garage and additional off-street parking, ensuring tenant comfort and ample parking solutions. Residents will enjoy the convenience of an onsite laundry facility and a communal courtyard perfect for relaxation and social gatherings. This property represents a fantastic opportunity for investors looking to capitalize on the high demand in a premier Costa Mesa location.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories2
    • Measurements
      • Acres0.16
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1959
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionEastside Heights (EHCM)
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$2,395,000
  • Other
      • MLS #NP24232571

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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