984 Mission Drive
Description
- Listed by Mark Bridge • DRE #01316702 • Brokerage DRE #01316702 • Mark Bridge, Broker
Property Details for 984 Mission Drive
Property Details for 984 Mission Drive
| Status | Active |
|---|---|
| MLS # | OC24192192 |
| Days on Market | 36 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 2-4 Units |
| Year Built | - |
| Lot Size | 0.16 AC / 6,969 SF |
| County | Orange County |
Building Information for 984 Mission Drive
Property Information for 984 Mission Drive
- System ID: 306267915
- Class: 2-4 UNITS
- Levels: 2 Story
- Street Number Numeric: 984
- Street Name: Mission Drive
- Directions To Property: Head South on Fairview Rd, take a left onto Baker St, Right onto Mendoza Dr, then Left onto Mission Dr. Property will be on your
- Monthly Total Fees: $173
- CFD/Mello-Roos Fee: $2,078
- CFD/Mello-Roos Fee Reflct: Year
- Supplement: This is an exceptional investment opportunity in the sought-after Mesa Del Mar enclave of Costa Mesa. Built in 1964, the property is situated on a 6,935-square-foot lot with well-maintained landscaping that reflects a well-kept property. These buildings offer a diverse configuration of units, including a 3-bedroom/2.5-bathroom townhouse, a 2-bedroom/1.5-bathroom townhouse, a 1-bedroom/1-bathroom unit, and a studio. Residents enjoy amenities such as a gated, lush community courtyard accessible from both the front and rear, six single-car garages, and a community laundry room. Each property is individually metered for gas and electric, and additional income is generated from the laundry facilities and garage rentals. Strategically located, this property offers easy accessibility to the best of Costa Mesa, including South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Tenants benefit from quick access to major freeways, including the 405, 55, and 73 Freeways. This well-maintained property represents a secure investment in a prime location, with upside potential. Extensive interior renovations across both 984 and 988 Mission Dr include complete remodels in several units with new kitchens, flooring, and bathrooms, while others have partial updates or require further improvements. While recent renovations and updates have improved the property, there remains value-add potential. Several of the current rents are below market, offering opportunities for rent adjustments. Additionally, multiple units could benefit from further upgrades. Moreover, there is potential to develop Accessory Dwelling Units (ADUs) in the courtyards, which would further enhance rental income. Many property owners in the Mesa Del Mar area have already capitalized on identical lots by constructing ADUs in the courtyards and underutilized garages, further demonstrating the potential of this investment. This property offers not only a secure investment but also an inviting residential haven at the heart of Costa Mesas vibrant offerings.
- Roof: Composition
- Pool: N/K
- Total Stories: 2
- Entry Only: No
- Lot Size: 4,000-7,499 SF
- Lot Size Source: Assessor Record
- Site: Curbs, Sidewalks
- Zoning: Assessor
- Assessors Parcel Num: 14166213
- Unit Num for Unit 1: 1
- Parking Garage Unit 1: Assigned
- Unit 1 Num of Bedrooms: 0
- Unit 1 Num of Total Baths: 1
- Unit 1 Rent Actual: $1,963
- Unit Num for Unit 2: 2
- Unit 2 Num of Bedrooms: 1
- Unit 2 Num of Total Baths: 1
- Unit 2 Rent Actual: $1,975
- Unit Num for Unit 3: 3
- Unit 3 Num of Bedrooms: 2
- Unit 3 Num of Total Baths: 2
- Unit 3 Rent Actual: $2,423
- Unit Num for Unit 4: 4
- Unit 4 Num of Bedrooms: 3
- Unit 4 Num of Total Baths: 2
- Unit 4 Rent Actual: $3,363
Property History for 984 Mission Drive
| Date | Event & Source | Price | Appreciation |
|---|
| 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 984 Mission Drive
Schools near 984 Mission Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Sonora Elementary School PublicK to 6 | ||
Costa Mesa High School Public7 to 12 | ||
Early College High School Public9 to 12 | ||
Monte Vista High School PublicK 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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Listing Courtesy of Mark Bridge, Broker, Mark Bridge, DRE #01316702
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.