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600 Hamilton Street

Costa Mesa, CA 92627
  • $4,700,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: OC23171405
$4,700,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Pat Swanson of Pat Swanson (949-724-5564)


Description

The Hamilton is a Trophy 8 Unit Apartment complex located in the heart of Costa Mesa, on a 20,012 Sq. Ft. Lot! This asset consists of: (2) 3Bed / 2Bath, (4) 2Bed / 2Bath, (1) 2Bed / 2Bath House (Built 2023), and (1) 1Bed / 1Bath House (Built 2023). Amenities include; Large Upgraded or New Units, Ample Parking (Carport and Open), Washer / Dryer Hookups, a Solar EV Charge Outlet and Spacious Patios & Balconies throughout. The buildings also benefit from newer construction (75% built in 1978, & 25% built in 2023), as well as its prime location; less than 1 mile from Triangle Square, and 2 Miles to the Sand! Additionally, the current owner has spent over $900,000+ in the past 4 Years converting this unique asset into a Turn-Key / low maintenance property. Please drive by only, and do not disturb the tenants.

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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/143389014
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600 Hamilton Street Costa Mesa, CA 92627

  • Price: $4,700,000
  • Status: Active
  • On Site: 7 Days
  • MLS #: OC23171405
0
Beds
0
Baths
0
½ Baths
0.46
Acres
1978
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
The Hamilton is a Trophy 8 Unit Apartment complex located in the heart of Costa Mesa, on a 20,012 Sq. Ft. Lot! This asset consists of: (2) 3Bed / 2Bath, (4) 2Bed / 2Bath, (1) 2Bed / 2Bath House (Built 2023), and (1) 1Bed / 1Bath House (Built 2023). Amenities include; Large Upgraded or New Units, Ample Parking (Carport and Open), Washer / Dryer Hookups, a Solar EV Charge Outlet and Spacious Patios & Balconies throughout. The buildings also benefit from newer construction (75% built in 1978, & 25% built in 2023), as well as its prime location; less than 1 mile from Triangle Square, and 2 Miles to the Sand! Additionally, the current owner has spent over $900,000+ in the past 4 Years converting this unique asset into a Turn-Key / low maintenance property. Please drive by only, and do not disturb the tenants.
Exterior Features

Carport Spaces 6 Carport YN Yes Entry Level 1 Entry Location Front Lot Features Paved Number Of Separate Electric Meters 9 Open Parking Spaces 9 Parking Total 15 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 450 Fuel Expense 432 Garage YN No Gross Income 261143 Gross Scheduled Income 269220 Insurance Expense 3273 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 190799 New Construction YN No Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 70344 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 4648 Water Sewer Expense 2316 Water Source Public Zoning R2



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): Pat Swanson of Pat Swanson (949-724-5564)