3123 Cinnamon Avenue

Costa Mesa, CA 92626

$2,300,000

List Price

9

bed Beds

8

shower Baths

4,614 sqft

straighten / sqft

1966

calendar_month Built

Property Description

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Listing Information

List Price $2,300,000
Status Active
MLS 24474763
Type Residential Income
Year Built 1966
Lot Size 8,004
Structure Size 4,614
DOM 8
Courtesy Of CB Richard Ellis, Inc.
Listing Agent Sean Riley DRE#01920511

Interior Features

Total Bedroom
Bedrooms 9
Total Bathroom
Bathrooms 8
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Sean Riley, CB Richard Ellis, Inc. 714-493-0614. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 1st, 2025 at 1:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.