984 El Camino Drive, Costa Mesa, CA 92626
  • MLS#: OC24142557 ( Apartment )
  • Street Address: 984 El Camino Drive
  • Viewed: 2
  • Price: $3,499,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 127
  • Additional Information
  • County: ORANGE
  • City: Costa Mesa
  • Zipcode: 92626
  • Subdivision: Mesa Del Mar (mdma)
  • Provided by: Gregory Sharp, Broker
  • Contact: Greg Greg
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Turnkey with low maintenance requirements. High Quality, Complete Remodel and Upgrade in 2023. 6 Apts w/Great Income! Prospective tenants come from Irvine & East Side Costa Mesa due to finishes & competitive rent (above market for the neighborhood). Tenants love the area because their kids walk to school from elementary through college. Property has great appeal to everyone without restriction across all demographics. See rental listings from 2023 on Zillow & SoCal MLS for detailed interior pictures. Neighborhood is revitalizing Future value will approach Eastside Costa Mesa. Better than average amenities for tenants: Life Source Whole Building Water Filter to keep down scale and water spots on the glass shower doors. Drink from any faucet in the apartment and makes the hair and skin feel fantastic! Hot water recirc pump for instant hot water, Deep stainless sinks w/sprayer faucet on overhead hose. New mailboxes w/package lockers, BBQ area with table, chairs, heater, covering, evening accent lights. Landscaping Kurapia instead of grass drought tolerant and rarely needs mowing. Designed property for minimal maintenance. Irrigation system & water fountain out front. New sewer drops from second floor (no cracked cast iron sewer pipes!) All major systems are new: Water heater, electrical panels, larger water connection to street and 2.5" water meter etc. Individual gas and electric meters plus RUBS in place. 6 Ring security cameras and lights. Gated compound front & rear gates have mechanical (no battery replacement) pushbutton codes for convenient access for tenants, service staff, UPS/FedEx, etc. All units have new heat/AC or ductless minisplits. Lots of light throughout make them desirable for tenants. Apts A and F have yard/patio. Prewired for cable so no ugly wires outside. Walls and ceilings insulated. Refrigerators incl: Apts A, D, E, and F. Quartz counters, euro hinge cabinets with soft close. Soft close toilet lids. New windows, electric garage door openers with battery backup for new steel roll up doors. Every apartment has assigned parking so no hassles for parking for the all the tenants. Apt B upgraded to include deep hot tub with jets, premium appliances, 3 solatube skylights. W/D in lndry are owned. Only $1.25 each (can be increased). Recently serviced to replace washer pump seal. Apts B and E have direct access garages Locks are all Kwikset SmartKey for easy rekeying between tenants. Small storage closet for property tools.
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Features
Accessibility Features
  1. None
Appliances
  1. Dishwasher
  2. Free-Standing Range
  3. Disposal
  4. Gas Range
  5. Gas Water Heater
  6. High Efficiency Water Heater
  7. Hot Water Circulator
  8. Microwave
  9. Refrigerator
  10. Vented Exhaust Fan
  11. Water Heater Central
  12. Water Line to Refrigerator
  13. Water Purifier
Architectural Style
  1. Traditional
Assessments
  1. Buyer to Verify
Association Amenities
  1. Barbecue
  2. Outdoor Cooking Area
  3. Electricity
  4. Trash
  5. Pet Rules
  6. Pets Permitted
  7. Management
Association Fee
  1. 0.00
Building Area Total
  1. 5241.00
Cable Tv Expense
  1. 0.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Construction Materials
  1. Blown-In Insulation
  2. Drywall Walls
  3. Ducts Professionally Air-Sealed
  4. Stucco
Cooling
  1. Central Air
  2. ENERGY STAR Qualified Equipment
  3. High Efficiency
Country
  1. US
Days On Market
  1. 87
Door Features
  1. Storm Door(s)
Electric
  1. Electricity - On Property
Electric Expense
  1. 0.00
Exclusions
  1. Tools in the storage closet are personal property of the property manager.
Fencing
  1. Block
  2. Stucco Wall
  3. Wrought Iron
Fireplace Features
  1. None
Flooring
  1. Laminate
Foundation Details
  1. Slab
Fuel Expense
  1. 0.00
Furniture Replacement Expense
  1. 0.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 4.00
Gardner Expense
  1. 0.00
Green Energy Efficient
  1. Appliances
  2. HVAC
  3. Insulation
  4. Lighting
  5. Thermostat
  6. Water Heater
  7. Windows
Green Water Conservation
  1. Water-Smart Landscaping
Heating
  1. Central
  2. Ductless
  3. ENERGY STAR Qualified Equipment
Insurance Expense
  1. 3300.00
Interior Features
  1. Ceiling Fan(s)
  2. Crown Molding
  3. Open Floorplan
  4. Quartz Counters
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Common Area
  2. Dryer Included
  3. Gas Dryer Hookup
  4. Individual Room
  5. Washer Hookup
  6. Washer Included
Laundry Income
  1. 500.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Back Yard
  2. Front Yard
  3. Landscaped
  4. Lawn
  5. Level with Street
  6. Irregular Lot
  7. Park Nearby
  8. Sprinkler System
  9. Sprinklers Drip System
  10. Sprinklers In Front
  11. Sprinklers Timer
  12. Treed Lot
  13. Utilities - Overhead
  14. Yard
Netoperatingincome
  1. 173204.00
Newtaxesexpense
  1. 38776.00
Parcel Number
  1. 14166525
Parking Features
  1. Assigned
  2. Direct Garage Access
  3. Driveway
  4. Concrete
  5. Paved
  6. Garage
  7. Garage Faces Rear
  8. Garage - Single Door
  9. Garage Door Opener
  10. On Site
  11. Parking Space
  12. Private
  13. Shared Driveway
  14. Side by Side
  15. Tandem Uncovered
  16. Uncovered
Pest Control Expense
  1. 0.00
Pool Expense
  1. 0.00
Pool Features
  1. None
Postalcodeplus4
  1. 5548
Presentloans
  1. 1800000
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Property Condition
  1. Additions/Alterations
  2. Updated/Remodeled
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Asphalt
  2. Shingle
Security Features
  1. Card/Code Access
  2. Closed Circuit Camera(s)
  3. Fire and Smoke Detection System
  4. Fire Rated Drywall
  5. Gated Community
  6. Resident Manager
  7. Security Lights
  8. Smoke Detector(s)
Sewer
  1. Public Sewer
  2. Sewer Paid
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 418751350:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Mesa Del Mar (MDMA)
Tenant Pays
  1. All Utilities
  2. Electricity
  3. Gas
  4. Other
  5. Sewer
  6. Trash Collection
  7. Water
Totalactualrent
  1. 18855.00
Totalexpenses
  1. 43076.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 9.00
Utilities
  1. Cable Connected
  2. Electricity Available
  3. Electricity Connected
  4. Natural Gas Available
  5. Natural Gas Connected
  6. Sewer Available
  7. Sewer Connected
  8. Water Available
  9. Water Connected
Vacancyallowance
  1. 6806
View
  1. None
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Window Features
  1. Blinds
  2. Double Pane Windows
  3. ENERGY STAR Qualified Windows
  4. Screens
  5. Solar Tinted Windows
Workmanscompensationexpense
  1. 0.00
Year Built
  1. 1964
Year Built Source
  1. Assessor