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755 W 18TH ST Costa Mesa CA 92627

[Locked] • APN 424-055-04, 424-055-05, 424-055-06, 424-055-07, 424-055-08, 424-055-09, 424-055-10, 424-055-11, 424-055-12

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 35,874
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 1963
Sale NOI ******
Sale Cap Rate ******
Days on Market ******
APN 424-055-04, 424-055-05, 424-055-06, 424-055-07, 424-055-08, 424-055-09, 424-055-10, 424-055-11, 424-055-12
Latitude 33.6393
Longitude -117.9300

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Asking Details
Asking Cap Rate
******
Marketing Description
Built in 1963, 755 W 18th Street - Villa West Apartments, is a 36-unit apartment building composed of 9 detached buildings with a total square footage of 35,874 and a unit mix of (36) 2 bedroom +1.5 bathroom units. Each unit is 825 Sq. Ft, equating to 29,700 Net Rentable Sq. Ft.Situated on a 1.58 acre lot (68,825 Sqft), the property provides a wide range of amenities including controlled access with gated entry, carport parking with 60 parking spaces, an on-site managers office, on-site laundry facilities, community courtyard, pool, and private patios for tenants.The Villa West Apartments is just one mile away from the Pacific Coast, and located near Orange Coast College, Vanguard University, the OC Fair & Event Center, and South Coast Plaza, which are all major employment and housing drivers for the area.​ The property is in close proximity to the best shopping, dining, and entertainment that Costa Mesa has to offer.​ 9 total property APN's included in sale: 424-055-04, 424-055-05, 424-055-06, 424-055-07, 424-055-08, 424-055-09, 424-055-10, 424-055-11, 424-055-12.​


Visit VillaWestApartments.com for more information

Investment Highlights
  • Opportunity Zone
  • First Time on the Market in 58 Years
  • Stellar Costa Mesa Location
  • True Value Add Opportunity
  • High Demand Rental Area

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
DW
David Weinberger PRO
•••.•••.0915
•avid@•••••.com
Brokerage logo
Sold on
 BY:
MH
Megan Husri PRO
•••.•••.7529
•egan@•••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Costa Mesa, CA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Costa Mesa, CA (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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