3123 Cinnamon Avenue, Costa Mesa

$2,300,000

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9

Beds

8

Baths

4,614

Square feet

0.18

Acres

Listing Agent
Sean Riley - CB Richard Ellis, Inc.

About 3123 Cinnamon Avenue

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.

Features of 3123 Cinnamon Avenue

MLS® # 24474763
Price $2,300,000
Bedrooms 9
Bathrooms 8.00
Square Footage 4,614
Acres 0.18
Year Built 1966
Type Residential Income
Status Active

Community Information

Address 3123 Cinnamon Avenue
Area C1 - Mesa Verde
City Costa Mesa
County Orange
Zip Code 92626

Amenities

Parking Spaces 7
Parking Door-Multi, Door-Single, Garage, Uncovered
# of Garages 5
Garages Door-Multi, Door-Single, Garage, Uncovered
Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 2
Stories Two

Additional Information

Date Listed December 24th, 2024
Days on Market 24
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentSean Riley
OfficeCB Richard Ellis, Inc.

Listing Map

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