$2,880,000
$2,495,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 06/14/2021
Key Details
Sold Price $2,880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID NP21067078
Sold Date 06/14/21
Construction Status Fixer
HOA Y/N No
Year Built 1959
Lot Size 0.350 Acres
Property Description
Eastside Costa Mesa Multi-Family Property for sale located at 318 Ogle on the ocean side of 17th St. Bordering Newport Beach, the property includes 5 individual 2 bedroom 1 bathroom homes that have single car garages and private backyards. Each unit is a free-standing home with no attached walls. 318 Ogle is a great opportunity for a developer looking for the next centrally located project. The property is zoned R2 medium density, situated on a 15,189 square foot lot (.35 Acre), with one of the best multifamily locations on the Coast. 318 Ogle St borders the coveted neighborhood of Newport Heights and it is prime for a value add or redevelopment project. The location has a high walkability score as it is within walking distance to Newport Heights Elementary School or a short bike ride to Ensign Middle School and Newport Harbor High. The proximity to 17th Street allows residents access to wonderful shopping and restaurants. The seller is selling the property as is with all the leases in place. All leases are month to month.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Laundry Inside, In Garage
Exterior
Parking Features Direct Access, Driveway Level, Driveway, Garage, On Site
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks, Urban, Park
Utilities Available Electricity Available, Natural Gas Available, Water Available
Total Parking Spaces 10
Private Pool No
Building
Lot Description Near Park, Rectangular Lot, Walkstreet, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 42521314
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Scott Maples • Legato Land Company