1887 Monrovia Ave - Apartments FOR SALE
Costa Mesa, CA 92627 |
1887 Monrovia Ave
Costa Mesa, CA 92627
HIGHLIGHTS
- Assumable Loan Option - $3,055,000 at 3.535% Interest Only for Next 8 Years (Non-Recourse)
- Value-Add Opportunity - Opportunity to Increase Rents ±28% with Interior Improvements
- First Time On Market in Over 20 Years
- One- & Two-Bedroom Floor Plans | Private Balconies in Select Units
- Recent Renovations in Select Units Include Granite Counter Tops, Wood-Style Flooring & Stainless Steel Appliances
- Desirable Costa Mesa Location (Walk Score: 80) - Located 1.2 Miles from Triangle Square
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Monrovia Arms Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
14727
STORIES
2
YEAR BUILT
1959
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
424-321-13
