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Property Description

Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa’s gentrifying west side neighborhood. Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024. The previously existing 3 unit building was painstakingly improved and upgraded in 2023 with new kitchen cabinets, stone counter tops, new appliances, fixtures, lighting, vanities, shower enclosures and much more. The exterior of the previously existing 3 unit building has been recently repainted and the all the windows and sliding glass doors are brand new. The 3 unit building includes two large 2 bedroom, 2 bath apartments and one generously sized 3 bedroom, 2 bath apartment. Each unit in the previously existing 3 unit building also enjoys a private patio or balcony, and one of the units has a large yard. Each of the 5 units has a brand new, refrigerator, microwave, and washer/dryer. There are 5 off street parking spaces (3 standard and 2 tandem). This complex offers an excellent 4.6% Cap Rate return at the new tax basis.

Features
2
1
: Washer Hookup, Dryer Included
0
: Curbs, Sidewalks, Urban
Additional Information
Berkshire Hathaway Homeservice
0
U10199
U7143
Mark
41917130
: Standard
35

Multi-Family For Sale

432 Hamilton Street, Costa Mesa, California 92627

4,522 Sqft
$3,895,000
Listing ID #NP24144841
Basic Details
Status : Active
DaysOnMarket : 1
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : NP24144841
Price : $3,895,000
Living Area : 4,522 Sqft
Lot Size : 8,800 Sqft
Year Built : 2024
Country : US
State : California
County : Orange
City : Costa Mesa
Zipcode : 92627
Price Per Square Foot : $861
ModificationTimestamp : 2024-07-17 15:03:35
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