3123 Cinnamon Avenue
$2,300,000
9
8
4,614
4,614
$498
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...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.
- Listed by Sean Riley • DRE #01920511 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.
Property Details for 3123 Cinnamon Avenue
Parcel Number
13950302
Total Units4.0
Living Area4614
Source Living AreaAssessor
AreaMesa Verde (C1)
Vacancy Rate3%
Lot Size Area8004
Source Lot Size AreaAssessor
LISTING UPDATED: 01/01/2025 12:01 AM
Property Details for 3123 Cinnamon Avenue
Status | Active |
---|---|
MLS # | 24-474763 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1966 |
Lot Size | 0.18 AC / 8,004 SF |
County | Orange County |
Building Information for 3123 Cinnamon Avenue
Stories2Residences-Year Built1966Building Size-Lot Size0.18 AC / 8,004 SF
Property Information for 3123 Cinnamon Avenue
Property History for 3123 Cinnamon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3123 Cinnamon Avenue
Taxable ValueLand$1,012,576Additions$210,795Total$1,223,371
Tax Record2024$14,564 ($1,214 / month)
Home Facts
Total Finished SqFt4,614 SqFtAbove Grade Finished SqFt4,614 SqFtStories2Lot Size8,004 SqFtStyleQuadraplexYear Built1966CountyORANGEAPN139-503-02
Schools near 3123 Cinnamon Avenue
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
California Elementary School PublicK to 6 | ||
Charles W. Tewinkle Middle School Public7 to 8 | ||
Estancia High School Public9 to 12 | ||
Early College High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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