CA > Costa Mesa
Costa Mesa, CA 92626,3123 Cinnamon AVE
Costa Mesa, CA 92626,3123 Cinnamon AVE
Costa Mesa, CA 92626,3123 Cinnamon AVE
Costa Mesa, CA 92626,3123 Cinnamon AVE
Costa Mesa, CA 92626,3123 Cinnamon AVE
Costa Mesa, CA 92626,3123 Cinnamon AVE
Jason Avila
Jason Avila

Agent | License ID: 01974860

+1(909) 233-7918

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$ 2,125,000

$ 2,150,000 1.2%

Est. payment | /mo

9 Beds

8 Baths

4,614 SqFt

$ 2,125,000

$ 2,150,000 1.2%

Est. payment | /mo

9 Beds

8 Baths

4,614 SqFt

Key Details

Sold Price $2,125,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,614 sqft

Price per Sqft $460

MLS Listing ID 24474763

Sold Date 05/14/25

Bedrooms 9

HOA Y/N No

Year Built 1966

Lot Size 8,001 Sqft

Property Description

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Rent roll listed includes the recent rent increase effective April 1st. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Interior electrical subpanels have been replaced in all units and the laundry room recently. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Location

State CA

County Orange

Area C1 - Mesa Verde

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Door-Multi, Door-Single, Garage, Uncovered

Garage Spaces 5.0

Garage Description 5.0

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13950302

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Sean Riley • CB Richard Ellis, Inc.
Bought with Tim Smith • Coldwell Banker Realty
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+1(909) 233-7918

jasonavila.re@gmail.com

10620 Treena Street, Suite 230, San Diego, CA, 92131, USA

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3123 Cinnamon AVE