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132 E 18th St - 18th St Triplex
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132 E 18th St - 18th St Triplex
3 Unit Apartment Building Offered at $1,995,000 at a 3.03% Cap Rate in Costa Mesa, CA 92627
![132 E 18th St, Costa Mesa, CA for sale - Primary Photo - Image 1 of 10](https://images1.loopnet.com/i2/EOtigtkG9uEmRbPM8nd-jmf_vw07_-NAhsSlMSi-wes/110/132-E-18th-St-Costa-Mesa-CA-Primary-Photo-1-Large.jpg)
![132 E 18th St, Costa Mesa, CA for sale - Building Photo - Image 2 of 10](https://images1.loopnet.com/i2/CdTrZ2X43TPNFZzyGFv3RdQgOHYwEWCbsNJ9gi2r-hc/110/132-E-18th-St-Costa-Mesa-CA-Building-Photo-2-Large.jpg)
![132 E 18th St, Costa Mesa, CA for sale - Building Photo - Image 3 of 10](https://images1.loopnet.com/i2/Vm82815dtP3AnE-6E7-cR9p-TLhFTECJXkvo_hW-_0c/110/132-E-18th-St-Costa-Mesa-CA-Building-Photo-3-Large.jpg)
Investment Highlights
- Premium Location
- Pickleball Court
- Development Potential
- ADU Potential
Executive Summary
Great location with tons of opportunity! You can enjoy the current income, move into one of the units and use the income to help with your monthly payment, build more units, build your dream home - plenty of options.
The property has been well maintained with strong operational history, and in this location is always very easy to rent.
The property has been well maintained with strong operational history, and in this location is always very easy to rent.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income |
$99,999
![]() |
$9.99
![]() |
Other Income |
$99,999
![]() |
$9.99
![]() |
Vacancy Loss |
$99,999
![]() |
$9.99
![]() |
Effective Gross Income |
$99,999
![]() |
$9.99
![]() |
Taxes |
$99,999
![]() |
$9.99
![]() |
Operating Expenses |
$99,999
![]() |
$9.99
![]() |
Total Expenses |
$99,999
![]() |
$9.99
![]() |
Net Operating Income |
$99,999
![]() |
$9.99
![]() |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $1,995,000 | Property Type | Multifamily |
Price Per Unit | $665,000 | Lot Size | 0.15 AC |
Sale Type | Investment | Building Size | 2,020 SF |
Cap Rate | 3.03% | Average Occupancy | 100% |
Gross Rent Multiplier | 20.78 | No. Stories | 1 |
No. Units | 3 | Year Built | 1950 |
Price | $1,995,000 |
Price Per Unit | $665,000 |
Sale Type | Investment |
Cap Rate | 3.03% |
Gross Rent Multiplier | 20.78 |
No. Units | 3 |
Property Type | Multifamily |
Lot Size | 0.15 AC |
Building Size | 2,020 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1950 |
1 of 1
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (75)
zoning
Zoning Code | R2-HD |
R2-HD |
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132 E 18th St - 18th St Triplex
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