1984 Orange Avenue

Description

2 Unit property located in desirable Eastside Costa Mesa. Built in 2015, underwent remodel in 2022, provides approximately 2,200 Sq. Ft. of living space for each of the 2-story units. Approximate rent collected (based on the previous occupying tenants) grossed $9,500 per month, yielding a GSI of $114,000/year. The primary, 4 Bed & 3.5 Bath, Unit #1; boasts double master bedrooms, a double walk-in shower, jacuzzi tub, and dual vessel sinks. Featured throughout both units of the property is a consistency of thoughtful design with heigh ceilings and skylights on the ground floor, and vaulted ceilings with skylight dormers upstairs which create an open, light and airy feel. The gourmet kitchen has a 5-burner gas range, double-oven and an island sink. High end finishes include, travertine floors, oak stairs, granite counter tops, wrought iron railings and more. The over-sized back patio is gas plumbed for BBQ and flows seamlessly into a large, shady grassy side yard. The secondary Unit #2; is comprised of, 3 Beds & 2.5 Baths, that mimic replicable features to the neighboring primary unit. The ground floor emulates a contemporary open floor plan that consists of Travertine flooring with a large kitchen with peninsula seating and stacked laundry at the second level and maintains alignment with the meticulous features showcased from the primary. Newport Mesa Unified School District Newport Harbor High School! IDEAL INVESTMENT for someone looking to live in one unit and rent out the other. 2 Unit property located in desirable Eastside Costa Mesa. Built in 2015, underwent remodel in 2022, provides approximately 2,200 Sq. Ft. of living space for each of the 2-story units. Approximate rent collected (based on the previous occupying tenants) grossed $9,500 per month, yielding a GSI of $114,000/year. The primary, 4 Bed & 3.5 Bath, Unit #1; boasts double master bedrooms, a double walk-in shower, jacuzzi tub, and dual vessel sinks. Featured throughout both units of the property is a consistency of thoughtful design with heigh ceilings and skylights on the ground floor, and vaulted ceilings with skylight dormers upstairs which create an open, light and airy feel. The gourmet kitchen has a 5-burner gas range, double-oven and an island sink. High end finishes include, travertine floors, oak stairs, granite counter tops, wrought iron railings and more. The over-sized back patio is gas plumbed for BBQ and flows seamlessly into a large, shady grassy side yard. The secondary Unit #2; is comprised of, 3 Beds & 2.5 Baths, that mimic replicable features to the neighboring primary unit. The ground floor emulates a contemporary open floor plan that consists of Travertine flooring with a large kitchen with peninsula seating and stacked laundry at the second level and maintains alignment with the meticulous features showcased from the primary. Newport Mesa Unified School District Newport Harbor High School! IDEAL INVESTMENT for someone looking to live in one unit and rent out the other.