2029 Harbor Blvd | Costa Mesa, CA 92627
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- LoopNet Team
2029 Harbor Blvd
Costa Mesa, CA 92627
2027-2029 Harbor Blvd · Multifamily Property For Sale · 13 Units
INVESTMENT HIGHLIGHTS
- Mixed-Use Property Consisting of (12) Apartment Units & (1) Retail Building
- (4) Buildings on Large Lot (± 17,920 SF), Unit Mix of Studio, 1- & 2-Bedroom Floor Plans
- Market Cap Rate: 5.42%
- First Time On Market in Over 30 Years
- Upside Potential - Opportunity to Increase Rents by 41%
- All Apartment Units Are Month-To-Month Tenancy & Retail Building Expected to Be Vacant by Close-Of-Escrow
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 7,530 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1949 |
| Building Class | B | Parking Ratio | 1.59/1,000 SF |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 7,530 SF |
| No. Stories | 2 |
| Year Built | 1949 |
| Parking Ratio | 1.59/1,000 SF |
SITE AMENITIES
- Laundry Facilities
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,005 | 418 |
| 2+1 | 2 | $1,035 | 638 |
PROPERTY TAXES
| Parcel Number | 422-091-21 | Improvements Assessment | $410,512 |
| Land Assessment | $4,218,287 | Total Assessment | $4,628,800 |
PROPERTY TAXES
Parcel Number
422-091-21
Land Assessment
$4,218,287
Improvements Assessment
$410,512
Total Assessment
$4,628,800
ZONING
| Zoning Code | C2 |
| C2 |
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