432 Hamilton Street
$3,750,000
11
10
4,522
4,522
$829
Description
Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa's gentrifying west side neighborhood. This complex offers an excellent 4.8% Cap Rate return at the new tax basis and was recently appraised for $3.87M. Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024. The previously existing 3 unit building was painstakingly improved and upgraded in 2023 with new kitchen cabinets, stone counter tops, new appliances, fixtures, lighting, vanities,...Pleased to present 432 Hamilton Street, a turnkey 5 Unit apartment complex in Costa Mesa's gentrifying west side neighborhood. This complex offers an excellent 4.8% Cap Rate return at the new tax basis and was recently appraised for $3.87M. Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024. The previously existing 3 unit building was painstakingly improved and upgraded in 2023 with new kitchen cabinets, stone counter tops, new appliances, fixtures, lighting, vanities, shower enclosures and much more. The exterior of the previously existing 3 unit building has been recently repainted and the all the windows and sliding glass doors are brand new. The 3 unit building includes two large 2 bedroom, 2 bath apartments and one generously sized 3 bedroom, 2 bath apartment. Each unit in the previously existing 3 unit building also enjoys a private patio or balcony, and one of the units has a large yard. Each of the 5 units has a brand new, refrigerator, microwave, and washer/dryer. There are 5 off street parking spaces (3 standard and 2 tandem).
- Listed by Mark Simon • DRE #00816134 • Brokerage DRE #01317331 • Berkshire Hathaway Homeservice • 949-872-8322
Property Details for 432 Hamilton Street
Parking Spaces Total
5
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4522
Assessor Parcel Number419-171-30
Property Attached YNtrue
LISTING UPDATED: 09/27/2024 07:34 AM
Property Details for 432 Hamilton Street
Status | Active |
---|---|
MLS # | NP24144841 |
Days on Market | 128 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
County | Orange County |
Building Information for 432 Hamilton Street
Building/Complex432 Hamilton StFloor-Stories2Residences-Pet Policy-Year Built2024Building Size-
Property Information for 432 Hamilton Street
Property History for 432 Hamilton Street
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 432 Hamilton Street
Taxable ValueLand$1,814,235Additions$210,765Total$2,025,000
Tax Record2024$23,424 ($1,952 / month)
Home Facts
Total Finished SqFt2,972 SqFtAbove Grade Finished SqFt2,972 SqFtLot Size8,795 SqFtStyleTriplexYear Built1977CountyORANGEAPN419-171-30
Schools near 432 Hamilton Street
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | K to 6 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
College Park Elementary School PublicK to 6 | ||
Costa Mesa High School Public7 to 12 | ||
Maude B. Davis Elementary School PublicK to 6 | ||
Back Bay 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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