• Asking Price $3,750,000
  • Estimated Value: $2,173,403

  • 432 HAMILTON ST COSTA MESA, CA 92627

  • 10 Baths 4,522 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 432 HAMILTON ST, COSTA MESA, CA 92627

Features

  • Price/sqft: $829
  • Lot Size: 8795 sq. ft.
  • Total Units: 3
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5

Facts

  • Year Built: 01/01/1977
  • Property ID: 900615227
  • MLS Number: NP24163076
  • Parcel Number: 419-171-30
  • Property Type: Multi-family (5 or more units)
  • County: ORANGE
  • Legal Description: A TR FAIRVIEW FARMS BLK LOT 10 FAIRVIEW FARMS LOT 10 POR OF LOT
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa's gentrifying west side neighborhood. This complex offers an excellent 4.8% Cap Rate return at the new tax basis and was recently appraised for $3.87M. 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).

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Property Brokerage: Berkshire Hathaway HomeServices California Properties 3301 E. Coast Hwy Corona del Mar CA 92625
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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