2268 Pamela Lane, Costa Mesa, CA 92627

$1,230,000
Sold Price
$1,230,000
List Price
$1,245,000
Closing Date
May 20, 2021
Status
CLOSED
MLS#
PW20207401
Year Built
1972
Lot Size
6,182
Acres
0.14
Lot Location
2-5 Units/Acre
Days on Market
174
Property Type
Multifamily

Property Description

We are pleased to offer 2268 Pamela Lane, a 3-unit apartment investment opportunity located in the popular coastal rental market of Costa Mesa. On the market for the first time in over 40 years, the property is well located on a culdesac in the westside – near the borders of Huntington Beach and Newport Beach – and walking distance to schools, parks, and major retail centers. Pamela Lane is also within minutes of OC Fairgrounds, Orange Coast College, and miles of Orange County’s sandy beaches. The current ownership has taken good care of the property over the years, with upgrades including a newer roof (approximately 10 years ago), renovated kitchens, and wood siding being replaced with stucco. Tenants enjoy garage parking, patios and balconies, and on-site laundry. The property is well-suited for either an owner-occupier, or an investor looking to add a quality asset in a good location to their portfolio. *Highly Desirable Location, Near Fairview Park & Costa Mesa Golf Course, *Great Mix of 1, 2 & 3-Bedroom Units, *First Time on Market in Over 40 Years, *Minutes from Huntington Beach, Newport Beach, OC Fairgrounds & Orange Coast College, *Renovated Kitchens, Newer Roof, Garage Parking

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$64,620
Operating Expense
23261

Listing courtesy of Listing Agent: Damien Breaux (db@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Gantry Wilson from Keller Williams Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.