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1032 W Wilson St
Costa Mesa, CA 92627

Wilson Street Townhomes · Residential Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.00 AC
Building Size 24,685 SF
Number of Floors 2
Year Built 1961
Parking Ratio 0.97/1,000 SF

Unit Amenities

  • Patio

Site Amenities

  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Storage Space

About 1032 W Wilson St , Costa Mesa, CA 92627

Marcus & Millichap, as the exclusive listing agent, is pleased to present Wilson Street Townhomes, a 24-unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. The Costa Mesa submarket is among the strongest performing areas in metro Orange County, with an average occupancy as of third quarter 2018 of 96.7 percent and average effective rent increase of 3.1 percent year-over-year since third quarter 2017. Situated on a 2.00-acre lot, the 24,685 square foot property consists of exclusively two-bedroom townhomes and amenities including private patios, garage and open parking, on-site laundry, and a swimming pool. Well maintained by the current ownership, the turnkey asset offers renovated units and professional landscaping. Given the strong market dynamics and unique appeal of the subject property, Wilson Street Townhomes is well suited to provide investors with strong returns and value appreciation over the long term investment horizon.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 24 £2,013 1,028

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
422-051-04
Land Assessment
£8,441,061
Improvements Assessment
£1,655,110
Total Assessment
£10,096,170

zoning

Zoning Code R2-MD
R2-MD
  • Listing ID: 14768050

  • Date on Market: 04/01/2019

  • Last Updated:

  • Address: 1032 W Wilson St, Costa Mesa, CA 92627

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