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3040 Fillmore Way Costa Mesa, CA 92626
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Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25240092
Bedrooms 2
Lot Size 0.273 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present a turn key 6-unit asset located in the heart of Costa Mesa. This property consists of six fully renovated, 2 bed/1.5 bath townhome-style units - each spanning over 1100 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, central A/C, and spacious private patios all of which contribute to a condo-quality environment that attracts and retains quality tenants. Over a 5% cap rate on current rents, this asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.
Location
State CA
County Orange
Zoning Public Rec
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Lena Ghezel Compass
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