CA > Costa Mesa
Costa Mesa, CA 92626,3123 Cinnamon Ave
Costa Mesa, CA 92626,3123 Cinnamon Ave
Costa Mesa, CA 92626,3123 Cinnamon Ave
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John Matukas

John Matukas

+1(323) 377-4961
$2,150,000
Est. payment /mo
9 Beds
8 Baths
4,614 SqFt
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UPDATED:

02/24/2025 07:11 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,614 sqft

Price per Sqft $465

MLS Listing ID 24-474763

Bedrooms 9

Year Built 1966

Lot Size 8,004 Sqft

Acres 0.18

Property Sub-Type Multi-Family

Property Description

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Rent roll listed includes the recent rent increase effective April 1st. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Interior electrical subpanels have been replaced in all units and the laundry room recently. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Location

State CA

County Orange

Area Mesa Verde

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Other

Laundry Laundry Area

Exterior

Parking Features Garage - 1 Car, Garage - 2 Car, Uncovered

Garage Spaces 7.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

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John Matukas

+1(323) 377-4961

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