Address
1990 Maple Avenue Costa Mesa, CA
Price
$ 17,250,000
Property Attributes
  • MLS#OC20131651
  • TypeIncome
  • CountyORANGE
  • CityCosta Mesa
  • Zip92627
  • Style
  • Price$ 17,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage37392
  • Lot Size1.93 Acres
Listing Provided Courtesy Of:
Tyler Leeson with Marcus & Millichap RE Invest.
Property Description

Sundance West Apartment Homes is a rare 40+1 unit multifamily investment opportunity located in Costa Mesa, one of the premier coastal housing markets in Southern California. Situated on a combined 1.93-acre lot, Sundance West Apartment Homes consists of 1, non-conforming one-bed/one-bath unit, 20, two-bed/one-bath units, and 20, three-bed/one-and-a-half bath units. Built in 1962 and 1963, the property offers community amenities such as a swimming pool, carport and open parking, additional storage space, and six laundry rooms. In recent years, current ownership has invested capital into an interior renovations program that includes unit upgrades like new stainless steel appliances, quartz countertops in the kitchen and bathrooms, vinyl plank flooring, and much more. Currently, over 30 apartments have been fully renovated.

Price History
7/6/2020 Listed $17,250,000

General Features

Attached Structure Detached
Community Features Curbs, Gutters, Sidewalks, Street Lights
Directions Major Cross Streets: West 19th Street & Maple Avenue
Levels Two
Listagentaor Orange County
Listing Agent Tyler Leeson - BRE#01451551
Listing Agent State License 01451551
MLS Area 699 - Not Defined
Number of Units Leased 41
Price Per Square Foot 461.33
Source System CRMLS
Special Listing Conditions Standard
Total Units 41

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 37392.00
Carport Spaces 34.00
Garage Spaces 0.00
Lot Features Landscaped, Lawn
Lot Size Acres 1.9300
Lot Size Area 1.9300
Lot Size Source Assessor
Lot Size Square Feet 84070.80
Lot Size Units Acres
Number of Buildings 11
Number of Separate Electric Meters 41
Number of Separate Gas Meters 41
Number of Separate Water Meters 1
Pool Features Community
Sewer Public Sewer
Total Parking 69.00
Uncovered Spaces 35.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92627

Price
AVG $3.32M
$17.25M
Visits
AVG 37
128
Year Built
AVG 1964
1962

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