Active

280 E 16th St.

Costa Mesa CA, 92627

$2,250,000


$717.93 per sqft

Active

3,134 sqft

Multi-family

Built in 1964

Listed by Jeffrey Newman with Newman Properties, Inc 714-504-1915

280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). MAY BE SOLD SEPARATELY IF BOTH BUYERS AGREE TO CREATE DRIVEWAY EASEMENT AND CLOSE CONCURRENTLY (Cost of easement to be born equally by buyers and seller). Both properties well maintained with great rental history. Two 2 bed 1 bath units. One lease ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. Laundry on site.
Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest.

NP24002007

MLS ID

March 8, 2024

Listed

June 1, 2024

Updated

Map

280 E 16th St.
Costa Mesa CA, 92627

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

C5 - East Costa Mesa


Days on Market

85


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

6/1/2024

Price Change

$2,250,000

-12%

Listing Contact: 714-504-1915 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/1/2024. 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, the 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 locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 6/1/2024 at 5:39 PM UTC

 

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