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Pending
3005 Jeffrey Drive Costa Mesa, CA 92626
$1,550,000

Property listed by William Kennedy And Associates, Dave Kennedy. IDX Contact: 949-760-8862

Contact Us to Learn More

  • David Oronoz

    David Oronoz

    Principal | Multifamily Investments

    DRE# 01838862

  • Bobby Aschtiani

    Bobby Aschtiani

    Principal | Multifamily Investments

    DRE# 02048373

  • Chris Pettit

    Chris Pettit

    Founder

    DRE# 01983950

Property Description

Welcome to 3005 Jeffrey Dr. Original owners of this triplex! This is the largest model that the builder built. its in need of cosmetic work, some wood replacement and paint. the 3bedroom 2 bathroom unit was completely remodeled a few years ago. both of the 2bd,1 ba. units could use updating. excellent opportunity for a contractor or someone who is handy! Long term tenants and the rents are very low. huge upside in rents!! Drive by only. please do not disturb tenants. Perfect for someone coming off a 1031 exchange, or fix and flip or long term hold!

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1977

Appliances and Equipment

  • Gas Range
  • Gas Water Heater
  • Hot Water Circulator

House

  • 2 total stories
  • Built in 1977
  • Stories: 2
  • 3227 total building sqft
  • Traditional
  • 1 Common Wall
  • Stucco
  • Two

Community

  • Street Lights
  • Sidewalks

Cooling

  • No cooling

Disclosures

  • Covenants/Restrictions Disclosure
  • Home Warranty

Expenses

  • Electric Expense: $600
  • Insurance Expense: $2,500
  • Operating Expense: $5,900
  • Water Sewer Expense: $2,500

Fence

  • Wood

Fireplaces

  • Living Room

Floors

  • Carpet
  • Vinyl

Foundation

  • Slab

Garage

  • 4 garage spaces

Heating

  • Forced Air

Income

  • Gross Income: 58100
  • Gross Scheduled Income: 68100
  • Net Operating Income: 62200

Laundry

  • In Garage

Listing

  • Listing ID: NP22173104
  • 4 days on market
  • Listed on 2022-08-05

Location

  • County: Orange
  • Subdivision: Other (OTHR)

Lot

  • 6098 sqft
  • 0.14 acres
  • Area: 6098
  • 2-5 Units/Acre

Parking

  • 4 total parking spaces

Property

  • 2 buildings
  • 3 units
  • Property attached

Roof

  • Composition

Security System

  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)

Sewer

  • Public Sewer

Tenant Pays

  • Electricity
  • Gas

Utilities

  • 4 separate electric meters
  • 4 separate gas meters
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

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