39,600 sq. ft. lot w/12 units in prime Costa Mesa location

Costa Mesa income property in great location. Perfect for both the income investor and developer.

Unique apartment complex on prime 39,600 sq. ft. lot w/12 units. Turnkey for the income investor, with large upside in rents. For developers, zoned R2 MD w/potential to build 10 SFRs in a PUD. 100% rented. Costa Mesa is ideally situated btwn. Los Angeles and San Diego. Southernmost border only 1 mile from the Pacific Ocean.

Costa Mesa boasts of being one of Orange County's leading cultural and business centers, with typical great SoCal weather. Located 37 miles southeast of Los Angeles and 88 miles north of San Diego, Costa Mesa encompasses a total of 16 square miles with its southernmost border only 1 mile from the Pacific Ocean. Local economy primarily based upon retail commercial business and light manufacturing of electronics, pharmaceuticals and plastics.

Costa Mesa offers 9 parks, a municipal golf course, 26 public schools and 3 libraries. Additionally, Costa Mesa is home to Orange Coast College and Vanguard University as well as Whittier Law School and National University.

The City' s location provides easy access to many of Southern California' s major attractions such as beaches, mountain areas, high and low deserts, Disneyland, Knott' s Berry Farm, Palm Springs and Los Angeles with its major sports teams and arenas. Surrounded by the cities of Newport Beach, Irvine, Huntington Beach, Fountain Valley and Santa Ana, Costa Mesa is in an area where it is wonderful to live and work.

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