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327 Magnolia Street

Costa Mesa, CA 92627
  • $1,999,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: OC23156161
Price Reduced
$1,999,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Christine Morgan of Marterra Real Estate (949-432-5054) and Michelle Wahler of Marterra Real Estate(949-432-5054)


Description

PRIME EASTSIDE COSTA MESA LOCATION---LIVE IN ONE AND RENT THE OTHER! Two homes on one lot at 327 Magnolia. The rear home has an attached 2-car garage and enclosed yard space. Enter the front door to soaring ceilings with skylights and an open floor plan featuring a large kitchen island and spacious family room. A secondary living room has a focal fireplace. Three bedrooms and 2 bathrooms have been well maintained over the years. A home on the front includes 2 bedrooms, 1 bathroom and a side patio yard. This property has plenty of potential--use one as a guest house or as rental income! Under excellent NMUSD schools: Mariners Elementary, Ensign Middle School and Newport Harbor High! Enjoy walking down to 17th Street with endless dining and shopping or take a bike ride down to the beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142643534
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327 Magnolia Street Costa Mesa, CA 92627

  • Price: $1,999,000
  • Status: Active
  • On Site: 31 Days
  • MLS #: OC23156161
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1961
Built
Neighborhood:
Other
County:
Orange
Area:
C5 - East Costa Mesa
Property Description
PRIME EASTSIDE COSTA MESA LOCATION---LIVE IN ONE AND RENT THE OTHER! Two homes on one lot at 327 Magnolia. The rear home has an attached 2-car garage and enclosed yard space. Enter the front door to soaring ceilings with skylights and an open floor plan featuring a large kitchen island and spacious family room. A secondary living room has a focal fireplace. Three bedrooms and 2 bathrooms have been well maintained over the years. A home on the front includes 2 bedrooms, 1 bathroom and a side patio yard. This property has plenty of potential--use one as a guest house or as rental income! Under excellent NMUSD schools: Mariners Elementary, Ensign Middle School and Newport Harbor High! Enjoy walking down to 17th Street with endless dining and shopping or take a bike ride down to the beach.
Exterior Features

Entry Level 1 Entry Location 1 Fencing Good Condition Foundation Details Slab Lot Features Back Yard Number Of Separate Electric Meters 2 Open Parking Spaces 3 Other Structures Second GarageGuest HouseTwo On A Lot Parking Features Direct AccessDoor-SingleGarage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas Range Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features Open FloorplanAll Bedrooms DownBedroom On Main LevelMain Level Master Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)Street Lights Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 106800 Gross Scheduled Income 8900 Insurance Expense 2000 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 78775 New Construction YN No New Taxes Expense 23625 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Operating Expense 28025 Possession See Remarks Property Condition Additions/Alterations Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Christine Morgan of Marterra Real Estate (949-432-5054) and Michelle Wahler of Marterra Real Estate(949-432-5054)