Contacts
The Leeson Group Marcus & Millichap
Property Details
- Property Type Multi-Family
- Property Size 16,640 SF
- Units 8
- Lot Size 0.46 Acre
- Year Built 2025
- Date Updated Jan 7, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Diverse Unit Plans: Eight 3-bedroom, 2.5-bathroom townhomes with offices, decks, and garages; unit sizes range from 2,076 to 2,084 square feet.
- Strong Sales Potential: Projected average sale price of $1,865,000 per unit, equating to $897 per square foot, with total revenue estimated at $14,920,000.
- Cost Efficiency: Total project costs of $11,471,350, including $3,827,200 for direct construction ($230 per square foot) and allowances for contingency, property taxes, and sales fees.
- Attractive Profitability: Projected net profit of $3,448,650 over two years, yielding a profit margin of 30.1%.
- Premium Features: All units include modern layouts with office spaces, private decks, and garage configurations (double or tandem), catering to the demands of discerning buyers.
Getting around
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Location
- City Costa Mesa, CA
- Neighborhood Westside Costa Mesa
- Zip Code 92627
- Market Orange County
Points of Interest
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Tustin Metrolink Station
8.56 miles
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Tustin
8.57 miles
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Speedway Express
0.50 miles
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Chevron
0.51 miles
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Mobil
0.52 miles
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76
0.66 miles
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Superior Car Wash & Detail Center
0.67 miles
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Superior Stations
0.98 miles
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Exxon
1.35 miles
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EV Chargepoint
1.48 miles
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ChargePoint
3.36 miles
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Tesla Supercharger
3.77 miles
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Hoag Center Free Patient Parking
0.44 miles
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P8 Placentia Parking
0.77 miles
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P1 Main Visitor Parking East
0.80 miles
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Villa Balboa Cagney Ln. Parking A
0.91 miles
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Pool House Parking
0.92 miles
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P2 South Visitor Parking
0.95 miles
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Physician & Staff Parking
0.97 miles
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P4 Cancer Center Parking
1.00 miles
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P3 Cancer Center Parking
1.02 miles
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Ramada Costa Mesa/Newport Beach
0.28 miles
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Hotel California
0.78 miles
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Travelodge Costa Mesa Newport Beach Hacienda
0.93 miles
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Sandpiper Motel
0.99 miles
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Cozy Inn
1.13 miles
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Holiday Inn Express Costa Mesa
1.24 miles
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Holiday Inn Express
1.27 miles
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Days Inn Costa Mesa-Newport Beach
1.30 miles
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Newport Channel Inn
1.37 miles
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Lido House
1.40 miles
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Trader Joe's
0.18 miles
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Smart & Final
0.42 miles
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Vons
0.46 miles
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Sprouts Farmers Market
0.56 miles
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Target
0.70 miles
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The Triangle
0.70 miles
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Ralphs
0.94 miles
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Stater Bros. Markets
1.46 miles
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Albertsons
1.53 miles
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Pavilions
1.53 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
The Leeson Group Marcus & Millichap