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$ 1,100,000
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6,098 Sqft Lot
$ 1,100,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC24144836
HOA Y/N No
Year Built 1947
Lot Size 6,098 Sqft
Property Description
377 Victoria Street is a 2-unit multifamily investment property located in Costa Mesa, California. The property features a two-bedroom cottage in the front and a one-bedroom cottage in the rear. Each unit features a spacious private yard, a highly desirable feature for Costa Mesa renters. Additionally, the property offers ample privacy and parking, with a spacious driveway and 2 carport spaces. Residents benefit from 377 Victoria Street’s excellent Costa Mesa location, within walking distance of a plethora of major retail centers. Located just steps away from the property are Gray Plaza, anchored by At Home, and Harbor Center, anchored by Home Depot and the newly opened Mercado Gonzalez Northgate Market. Additionally, the property is situated just over one-mile from Orange Coast College (OCC) and the O.C. Fair & Event Center, two major housing and economic drivers for the area. Furthermore, the property’s location, between Harbor Boulevard and State Route 55, provides residents with easy access to Costa Mesa hotspots including Triangle Square, 17th Street, and South Coast Plaza. The property benefits from its close proximity to State Routes 55 and 73, convenient access to major employment hubs including the South Coast Metro, Irvine Business District, and Newport Center. Given its Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 377 Victoria Street.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Exterior
Carport Spaces 2
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 41917206
Energy Description 220.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com
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Erik Chavez
REALTORS® | Lic# 02064537