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3009 Coolidge Avenue, Costa Mesa, CA

$1,180,000 - $1.2M Price - 3,698 Sqft - 6,469 Lot Sq. Ft - 22 DOM

Great location 3/4 mile SW of South Coast Plaza. Located 1/2 mile from Orange Coast College and less than 2 miles from John Wayne Airport. The property consists of a single building with a 1-story, 2 BR/1 BA unit in the front and two 2 BR/1.5 BA two-story townhouse-style units in the rear. Very spacious units approx. 1,063 sf, each with attached patio. The building was constructed in 1962. Each unit has an individual garage space and there are 2 additional uncovered parking spaces. Parking is accessed through a rear alley. Vinyl and plank flooring. There is an extremely strong demand for rentals in this area. There is significant upside in the current rent rates. The 2 BR/1 BA rents for $1,610 and 2 BR/1.5 BA unit rents for $1,675, on the same street are currently rented at rates as high as $1,700 and $1,850/month, respectively. Current income specified below is actual. Current expenses are estimated. Projected Scheduled Gross Income and Net Operating Expenses with renovated units at market rental rates are $59,520 and $31,208 respectively. Projected Gross Rent Multiplier is 19.2. Selling as is.

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Essential Information

For 3009 Coolidge Avenue, Costa Mesa, CA
  • MLS® # NP19170834
  • Price $1,180,000
  • Bathrooms 0.00
  • Square Footage 3,698
  • Lot Square Footage 6,469
  • Year Built 1962
  • Type Residential Income
  • Status Active

Community Information

For 3009 Coolidge Avenue, Costa Mesa, CA
  • Address 3009 Coolidge Avenue
  • Area South Coast Metro (C3)
  • City Costa Mesa
  • County Orange
  • State CA
  • Zip Code 92626

Subdivision

For 3009 Coolidge Avenue, Costa Mesa, CA

Mesa North - President Streets (PRMN)

Amenities

For 3009 Coolidge Avenue, Costa Mesa, CA
  • Parking Spaces 5
  • # of Garages 3

Interior

For 3009 Coolidge Avenue, Costa Mesa, CA
  • Heating Wall Heater, Natural Gas
  • # of Stories 2
  • Stories Two

Appliances

For 3009 Coolidge Avenue, Costa Mesa, CA

Gas Dryer Hookup, Garbage Disposal, Gas Range, Vented Exhaust Fan, Free Standing Range, Water Heater Unit

Exterior

For 3009 Coolidge Avenue, Costa Mesa, CA
  • Windows Screens
  • Roof Composition
  • Foundation Concrete Slab

Lot Description

For 3009 Coolidge Avenue, Costa Mesa, CA

Back Yard, Front Yard, 21-25 Units/Acre, Lot Shape-Rectangular, Park Nearby, Utilities - Overhead

Additional Information

For 3009 Coolidge Avenue, Costa Mesa, CA
  • Date Listed August 1st, 2019
  • Days on Market 22

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3009 Coolidge Avenue Costa Mesa MLS® #NP19170834

You are viewing the for at 3009 Coolidge Avenue with the MLS® NP19170834 on Previewochomes.com. This at 3009 Coolidge Avenue, CA . 92626 is located in the Mesa North - President Streets (PRMN) subdivision and is currently for featuring 3698 sq.ft. of living space, a 6469 sq.ft. lot and listed for sale at $1,180,000. This for at 3009 Coolidge Avenue with the MLS® # NP19170834 has been listed since 2019-08-01.

Please contact us for additional information and assistance.

Based on information from California Regional Multiple Listing Service, Inc. as of August 24th, 2019 at 6:07am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Property Listed By: Lyn Janota(01944862) of William Kennedy And Associates