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32935205
32935206

203 OGLE ST, COSTA MESA, CA 92627

NG
CA 01521955
Gould Group Investment Real Estate
Listed by Gould Group Investment Real Estate
$2,195,000
10 days on market
Updated 10 days ago

203 OGLE ST COSTA MESA CA 92627

Details
APN 425-202-02
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,366
Net Rentable (SqFt) 3,366
Units 3
NOI $55,707
Occupancy 100%
Pro-Forma Cap Rate 4.81%
Pro-Forma NOI $105,631
Price per SqFt $652
Class C
Year Built 1972
Buildings 1
Stories 2
Lot Size (SqFt) 6,257
Zoning R2-MD
Parking Spaces spaces
Investment Type Value Add
Ownership Fee Simple
Sale Condition N/A

Rare Eastside Costa Mesa Triplex Featuring Large Townhouse-Style Units

Marketing description

Gould Group is pleased to present 203 Ogle Street, a rare triplex opportunity located in the highly sought-after Eastside Costa Mesa market bordering Newport Heights and Newport Beach. The property features an attractive unit mix consisting of (1) 4BR/2BA townhouse-style unit, (1) 2BR/1.5BA townhouse-style unit, and (1) 2BR/1BA unit, offering large floorplans rarely found in coastal multifamily properties of this size.

Positioned just moments from 17th Street shopping and dining, Newport Harbor, beaches, and major freeway access, 203 Ogle Street benefits from strong long-term rental demand in one of Orange County’s most supply-constrained multifamily submarkets. The property presents an excellent opportunity for investors seeking a well-located coastal asset with long-term upside and strong underlying real estate fundamentals.

Investment highlights

Rare Eastside Costa Mesa Triplex

Large Townhouse-Style Units

Premier Coastal Location

Newport Heights Bordering Location

Strong Long-Term Rental Demand

Easy Access to Beaches & Freeways

Listing Contacts

NG
CA 01521955
Gould Group Investment Real Estate
Listed by Gould Group Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$55,707.00
$4,642.25/mo

Valuation Metrics

0
DSCR
2.54%
Cap Rate
2.54%
ROI

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