767 West 18th Street, Costa Mesa, CA 92627

$800,000 Approx. USD 0 beds, 0 baths
766 sqft

Agent Remarks

GREAT RENTAL INCOME WITH UNLIMITED DEVELOPMENT POTENTIAL...A DEVELOPER'S DREAM! The rent is under market on this two story house on a Huge lot. The Value is in the LAND, 9,000sqft! Located close to the 55 and minutes to the beach in the heart of Costa Mesa. This Bread & Butter property produces great rental income AND you can build 3 detached homes on this huge LEVEL lot. Close to Triangle square, Mother's Market, Goathill, 17th Street shopping, restaurants, schools, freeways and public transportation. Just blocks from the beach. ZONED R2-HD - Multiple Family Residential (High Density) Take advantage of Costa Mesa's Small Lot Ordinance, and build four 3-story homes with the "Mesa West Residential Ownership Urban Plan" Overlay. Build your dreams here! *** PLEASE DO NOT DISTURB TENANTS*** DRIVE BY ONLY - BEWARE OF TENANT'S LARGE DOGS! Showing with accepted offer. Sold As Is, there are two APN numbers associated with this property...PLEASE CONTACT THE LISTING AGENT FOR COMPLETE DETAILS. Check with the City of Costa Mesa to verify development potential, density, overlays and ordinances.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# IN16098278
List price is $800,000
Beds: 0
Baths: 0
None fireplaces
Built in 1957
766 sqft
2 stories
0.20 acres
Lot size: 9002.000
County: Orange
MLS area: C2 - Southwest Costa Mesa

Last Updated: 10/19/2016

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This listing belongs to the C2 - Southwest Costa Mesa MLS area

Lat/Long: 33.639496, -117.930473.
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Broker: Courtesy of Townsend Realty
Listing Agent: Michael Townsend

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Out of households, are families.

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