Located in the Heart of Costa Mesa, this upgraded duplex has been very well maintained with dependable, long-term tenants in place. Current Cap Rate is 2.6%, with an upside of 4% with some changes. One unit is a 3 bedroom, 2 bath home with a large living room, remodeled kitchen, newer flooring, direct access to the 2 car garage, and a good size backyard. The 2nd unit is a 2 bed, 1.5 bath, remodeled home, also with direct garage access and a large backyard. There are separate laundry hookups in the garage for each tenant. Located in a very desirable area, this home has extremely low vacancy. Perfect for an Owner User or a 1031 Exchange Buyer, this investment property is not to be overlooked. Schedule a viewing today!!!
For expert real estate services, reach out to Mike Doyle. Whether you're buying, selling, or renting, navigate the process with confidence. Contact him today to ensure a smooth and informed real estate journey.