780-790 Hamilton St - Apartments FOR SALE


Costa Mesa, CA 92627
$12,995,000 USD
951-756-0448
780-790 Hamilton St, Costa Mesa, CA for Sale
$12,995,000 USD
Apartments - FOR SALE
1/7
null | 4.56% Cap Rate

780-790 Hamilton St
Costa Mesa, CA 92627


HIGHLIGHTS

  • Currently, the Largest Apartment Listing in Costa Mesa
  • Value-Add Opportunity - Increase Gross Income by Converting Garages to (4) Accessory Dwelling Units (ADUs)
  • Located in an Opportunity Zone
  • (6) Buildings Located on ±59,182 SF (±1.29 Acres) of Land
  • Unit Mix Includes Studio, One- & Two-Bedroom Floor Plans
  • Community Amenities Include (2) Swimming Pools, Laundry Facilities, Gated Community & Ample Parking

OVERVIEW

Located in an opportunity zone in the city of Costa Mesa, The Hamilton is a 40-unit multifamily opportunity. The unique property spans across approx. 1-acre of land, and has upside through completing renovations on unit interiors, and the option to add ADUs.

FOR SALE DETAILS

PRICE

$12,995,000 USD

PRICE/SF

$485 USD /SF

# OF UNITS

40

PRICE/UNIT

$324,875

CAP RATE

4.56%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hamilton

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

R3, Costa Mesa

APN/PARCEL ID

422-461-06

ASK ABOUT THIS PROPERTY

951-756-0448

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951-756-0448

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