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553-555 Victoria St
Costa Mesa, CA 92627
Multifamily Property For Sale · 13 Units

INVESTMENT HIGHLIGHTS

  • First Time On Market in 47 Years
  • Excellent Unit Mix of (8) 2B/1B Cottages & (5) 3B/2.5B Townhome Floor Plans, All Units Have Washer/Dryer Hook-Ups & Private Backyard Space
  • Value-Add Opportunity, ADU Garage Conversion Opportunity
  • (10) Buildings Located on a Large ±34,848 SF (±1 AC) Lot
  • Located in an Opportunity Zone
  • Capital Improvements Include 50-Year Roofs & Walls, Copper Plumbing Installed & New Concrete

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.80 AC
Building Size 13,712 SF
No. Stories 2
Year Built/Renovated 1962/1991
Parking Ratio 0.79/1,000 SF
Zoning R2-MD - Multiple Family Residential, Medium Density

AMENITIES

UNIT AMENITIES

  • Fireplace
  • Yard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $2,975 864
3+2.5 5 $3,573 1,360

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
422-021-06
Land Assessment
$174,565
Improvements Assessment
$1,460,689
Total Assessment
$1,635,254
  • Listing ID: 28797300

  • Date on Market: 2023-06-19

  • Last Updated:

  • Address: 553-555 Victoria St, Costa Mesa, CA 92627

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