Address
1032 W Wilson Street Costa Mesa, CA
Price
$ 12,950,000
Property Attributes
  • MLS#OC21197339
  • TypeIncome
  • CountyORANGE
  • CityCosta Mesa
  • Zip92627
  • Style
  • Price$ 12,950,000
  • Bedrooms48
  • Full Bathrooms48
  • Half Bathrooms0
  • Sqr Footage24685
  • Lot Size2 Acres
Listing Provided Courtesy Of:
Brett Bayless with Brett Bayless, Broker - 949-887-2465
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Pride of ownership, turnkey asset with rental upside along the coast. Fairview Park Townhomes is a 24-unit apartment community that’s located within steps from Canyon Park, Talbert Nature Preserve, and the Santa Ana River trail. Fairview Park Townhomes is the perfect multifamily investment for the right investor, an opportunity to acquire a value-add asset in one of the nation’s hottest submarkets. The two-story community features spacious two-bedroom floor plans with an average size of 1,028 square feet. Built-in 1961, it comprises 6 residential buildings totaling 24,685 rentable square feet on a 2.0-acre site. The property boasts a swimming pool, laundry rooms, private patios, leasing office, storage area, lush landscaping, and garage parking.

Price History
9/7/2021 Listed $12,950,000

General Features

Community Features Hiking, Sidewalks
Garage Spaces 24
Garage Y/N Yes
Levels Two
Listing Agent Brett Bayless - BRE#01718244
Listing Agent State License 01718244
Lot Size Square Feet 87108
MLS Area 699 - Not Defined
Pool Features In Ground, Private
Private Pool Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Stories 2
Terms Cash to New Loan
Total Units 24

Interior Features

Common Walls No Common Walls
Laundry Features Common Area

Exterior Features

Lot Features Corner Lot
Lot Size Acres 2
Lot Size Area 87108
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 6
Number of Separate Electric Meters 24
Number of Separate Gas Meters 24
Number of Separate Water Meters 1
Total Parking 24
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92627

Price
AVG $3.84M
$12.95M
Visits
AVG 111
153
Year Built
AVG 1969
1961
Walkscore
AVG 60
40
Data Provided by Walkscore ® not using MLS data

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