2214 Rutgers Drive, Costa Mesa, California 92627, Costa Mesa, - bed, bath

About this home
Income-producing triplex in Central Costa Mesa near Wilson, Harbor and Fairview, minutes to the beach, South Coast Plaza, major freeways and John Wayne Airport. All three 2 bed 1 bath units include a private one-car garage plus an additional parking space. Units A and B are downstairs with rear patios that include exterior laundry hook-ups, and Unit C is an upstairs unit with a private deck and no laundry hook-ups. Recent improvements include a newer roof, dual-pane windows, upgraded electrical in all units, vinyl perimeter fencing, laminate flooring in Unit B and ceiling fans in Unit A. Tenants pay utilities except water and trash. The property is fully occupied at strong rents, producing a stronger-than-average gross cap rate for the Costa Mesa triplex market. Interior photos were taken prior to the current tenants.
Price History
| Subject | Average Home | Neighbourhood Ranking (10 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,490 | 2,155 | 73% |
| Lot Size | 6,098 | 6,534 | 18% |
| Price | $1.6M | $1.7M | 45% |
| Price per square foot | $643 | $990 | 36% |
| Built year | 1958 | 1950 | 64% |
| HOA | |||
| Days on market | 14 | 226 | 9% |

