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Costa Mesa, CA 92627 353 Hamilton Street

$2,695,000

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Presented By: Todd Frelinger with Prime Equity Properties, Inc.; 949-416-9856
  • MLS# OC24062099
  • 04/02/2024
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 8
  • FootageSQFT • 5,173
  • GarageGarage • 6

Home Details

We are pleased to present 353 Hamilton Street in Costa Mesa, a 6-unit multifamily property on a large corner lot of 11,065 square feet (1/4 acre) with huge upsides in rents. Excellent mix of units with two 2bd/2ba, two 2bd/1ba, and two 1bd/1ba. This property is located in an excellent residential income area with easy access to the 55 freeway. Ideally located close to nearby shopping, restaurants, parks, golf courses, Newport Beach, Huntington Beach, and Newport Harbor.
Presented By: Todd Frelinger with Prime Equity Properties, Inc.; 949-416-9856

Interior Features for 353 Hamilton Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 353 Hamilton Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityCosta Mesa
Community FeaturesBiking, Golf, Park
ContingencySale contingent on court approval and confirmation.
CountyOrange
Days on Market1
DirectionsFrom 55 Freeway, right on Victoria, left on Hamilton
Electric Expense300.0
Entry Locationside
Fuel Expense2221.0
Garage Spaces6.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense7897.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet11065.0
MLS AreaC2 - Southwest Costa Mesa
MaintenanceExpense3085.0
MobileHomeRemainsYNNo
Net Operating Income87163.0
New ConstructionNo
Number of Units Leased6
Operating Expense51892.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Street NameHamilton
Subdivision NameWestside Costa Mesa South (WSCM)
Tax Lot19
Taxes$30,000
Total Actual Rent11588.0
Total Units6
Trash Expense3342.0
View Y/NNo
Water Sewer Expense4205.0
Waterfront Y/NNo
Year Built1977
Year Built SourcePublicRecords

Exterior for 353 Hamilton Street

Building Area Total5173.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.254
Lot Size Area11065.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, OnSite
SpaNo
Total Parking15.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,695,000
MLS#OC24062099
List Date 04/02/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors