2011-2013 Charle St - Apartments FOR SALE


Costa Mesa, CA 92627
$7,250,000 USD
626-664-9863
2011-2013 Charle St, Costa Mesa, CA for Sale
$7,250,000 USD
Apartments - FOR SALE
1/11
null | 4.51% Cap Rate

2011-2013 Charle St
Costa Mesa, CA 92627


HIGHLIGHTS

  • True Turnkey Apartment Opportunity
  • Great Costa Mesa Location
  • Fully Renovated Interiors and Exteriors
  • In-Unit Laundry
  • Over $1 Million Spent in Cap Ex
  • Low Maintenance Operations In Place

OVERVIEW

Completely turnkey investment opportunity in Westside Costa Mesa, just off the 55 and close to Triangle Square. Over the past year, Charle Square Apartments has undergone a comprehensive renovation program with over $1,000,000 invested into upgrading the property. Extensive renovation list provided with OM, all completed with necessary permits. Improvements are all completed with modern, high quality finishes, with a focus on continued low maintenance operations, providing a new owner ease of ownership with great cash flow at the start.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$792 USD /SF

# OF UNITS

16

PRICE/UNIT

$453,125

CAP RATE

4.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charle Square Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,171 SF

ZONING

R3

APN/PARCEL ID

422-092-14

ASK ABOUT THIS PROPERTY

Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

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Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.