Residential Income – 175 E 21st St, Costa Mesa, CA 92627, USA -001-11-30T00:00:00-08:00
Ideally situated in highly desirable Eastside Costa Mesa, The Pines Apartments offer six (6) turnkey and remodeled 3 bed, 2 bath units with fireplace, direct access garage and individual laundry hookups. Private rear patios / yard, along with ample guest par
175 E 21st St, Costa Mesa, CA 92627, USA
$3,690,000 USD
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Address175 East 21st Street, Costa Mesa
Price$3,690,000
Year Built1976
Bedrooms Total0
Living Area6,906 ft2
Lot Size (Sq.Ft.)18,731
Listing IDNP20066841
StatusActive
Parcel Number42619316
Special ConditionsStandard
Days on Market60

Detailed Description: Ideally situated in highly desirable Eastside Costa Mesa, The Pines Apartments offer six (6) turnkey and remodeled 3 bed, 2 bath units with fireplace, direct access garage and individual laundry hookups. Private rear patios / yard, along with ample guest parking and handsome curb appeal make this a renter’s paradise. Additional storage in the rear offer Tenants more space and Landlords more income. Nearby parks, award-winning schools, Back Bay trails, beaches, retail and dining, PCH and freeway access contribute to low vacancy and constant demand. Investors will love the pride of ownership and quality of this offering with plenty of upside in rents. Perfect for your 1031 exchange and / or owner user investment.

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Fireplace
Laundry
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease
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Address Information
Address175 East 21st Street, Costa Mesa
Street PrefixEast
Street SuffixStreet
Subdivision NameOther (OTHR)
CityCosta Mesa
Location (MLS Area)C5 – East Costa Mesa
County Or ParishOrange
State or ProvinceCA
Postal Code92627
Postal Code Plus42174
CountryUS
Financial Information
Price per Square Foot$534.32
Price per Lot Square Foot$197.00
Special ConditionsStandard
Total Expenses$62,077
Operating Expense$62,077
Insurance Expense$3,272
Gardner Expense$3,000
Electric Expense$273
Water Sewer Expense$2,807
Maintenance Expense$9,593
Other Expense DescriptionLeasing
Other Expense$3,072
Gross Income$228,480
Gross Scheduled Income$228,480
Net Operating Income$166,403
Other Income DescriptionStorage Lockers
Other Income 1$400
Tax Year2000
Tax Lot242
New Taxes Expense$40,060
Full Descriptions
Parcel Number42619316
Detailed DescriptionIdeally situated in highly desirable Eastside Costa Mesa, The Pines Apartments offer six (6) turnkey and remodeled 3 bed, 2 bath units with fireplace, direct access garage and individual laundry hookups. Private rear patios / yard, along with ample guest parking and handsome curb appeal make this a renter’s paradise. Additional storage in the rear offer Tenants more space and Landlords more income. Nearby parks, award-winning schools, Back Bay trails, beaches, retail and dining, PCH and freeway access contribute to low vacancy and constant demand. Investors will love the pride of ownership and quality of this offering with plenty of upside in rents. Perfect for your 1031 exchange and / or owner user investment.
Lot FeaturesLandscaped, Walkstreet
Community FeaturesSidewalks, Storm Drains, Street Lights
Flooring DescriptionCarpet, Laminate
Room TypeAll Bedrooms Up, Kitchen, Living Room
Water SourcePublic
Security FeaturesCarbon Monoxide Detector (s), Smoke Detector (s)
Laundry FeaturesIn Garage
Heating DescriptionWall Furnace
Cooling DescriptionNone
Property ConditionUpdated / Remodeled
Appliances DescriptionDishwasher, Gas Range, Microwave
Sewer DescriptionPublic Sewer
Fireplace FeaturesLiving Room
View DescriptionNone
Pool FeaturesNone
Property parameters
Year Built1976
Living Area (Sq.Ft.)6,906 ft2
Lot Size (Sq.Ft.)18,731
Lot Size (Acres)0.43
Lot Size SourceAssessor
Number of Buildings2
Number of Units Leased4
Number of Units Total6
Stories Total2
Parking Spaces18
Garage Spaces6
Uncovered Spaces12
LevelsTwo
Water SourcePublic
Units Total6
Year Built SourceAssessor
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters6
Cap Rate (For Cash Payment Only)4
Listed withHeather Kidder (Compass)
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