tomo logo

$3,750,000

Beds
Unknown
sq ft
4,522

432 Hamilton St, Costa Mesa, CA 92627

432 Hamilton St

Costa Mesa, CA 92627

  • 115 days on market
    • Price drop $145,000↓
Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa's gentrifying west side neighborhood. This complex offers an excellent 4.8% Cap Rate return at the new tax basis and was recently appraised for $3.87M. Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024. The previously existing 3 unit building was painstakingly improved and upgraded in 2023 with new kitchen cabinets, stone counter tops, new appliances, fixtures, lighting, vanities, shower enclosures and much more. The exterior of the previously existing 3 unit building has been recently repainted and the all the windows and sliding glass doors are brand new. The 3 unit building includes two large 2 bedroom, 2 bath apartments and one generously sized 3 bedroom, 2 bath apartment. Each unit in the previously existing 3 unit building also enjoys a private patio or balcony, and one of the units has a large yard. Each of the 5 units has a brand new, refrigerator, microwave, and washer/dryer. There are 5 off street parking spaces (3 standard and 2 tandem).

Details

Property type

Apartment

Property condition

New Construction

Lot size

8,800 sq ft

Price per sq ft

$830

Year built

2024

Price History

08/12/2024
CRMLS

CRMLS #NP24144841

Price change
$3,750,000
-3.72%
07/16/2024
CRMLS

CRMLS #NP24144841

Listed
$3,895,000
+92.35%
11/22/2023
CRMLS

CRMLS #PW23156325

Sold
$2,025,000
+19.12%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 11/08/2024 at 5:15 AM

Listing updated: 09/30/2024 at 9:02 AM

Listed by: Mark Simon, Berkshire Hathaway Homeservice Phone #: (949) 723-7080

MLS: CRMLS #NP24144841

CRMLS logo

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