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Bonnie Hart

Bonnie Hart

Coldwell Banker Residential Brokerage
Mission Viejo, CA 92692

949-201-6887
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Listing 6 out of 115
$2,385,000 For Sale

166 Rochester St
Costa Mesa, CA 92627

2 units | Multi Family Home
7004 sq ft lot - MLS# OC19122584
Property Photo
1/40

Description

RENT INCREASED!!! CUSTOM BUILT TWO SINGLE FAMILY HOME IN EAST COSTA MESA COMPLETED 2018! NO MELLO ROOS; NO HOA DUE! Front house 2,393 sq.ft living space including 4 bedroom, 3.5 bathroom, two attached garage and two gusset parking; Back house 2,049 sq.ft living space including 3 bedroom, 2.5 bathroom, two attached garage and two gusset parking; All bedrooms upstairs, nine-foot ceilings and custom made eight-foot interior doors; The expansive open floor plan has abundant natural light, Main floor huge great room and kitchen, custom made wood kitchen cabinets with slide-in gas range and other stainless appliances, gourmet center island in kitchen area; upper floor master bedroom including walk-in closet; Great location of this property, Newport Mesa Unified school district, easy access to CA-55 and I-405, walking distance to The Triangle and 17th street, minutes to the beach, fashion island, south coast plaza, UC Irvine and John Wayne airport! Tenants occupied! Drive by only, Do not talk to tenants or knock the door!!! Current front house lease at $5665 monthly till Sep.19th, 2020, Back house lease at $4650 monthly till Jan.20th, 2020, Both tenants willing to renew. Owner only pays property tax and insurance, Perfect property for further family living or investment!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • New Construction: Y
  • Listing Status: Active
  • Zip Code: 92627
  • Year Built: 2018
  • Subdivision/Neighborhood: Eastside South (Escm)
  • Units: 2 units
  • # of Parking Spaces: 8.00
  • Lot Size: 7004 sq ft lot
  • Area: C5 - East Costa Mesa
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Tankless Water Heater, Water Heater
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4442.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.60
  • Community Features: Sidewalks, Street Lights
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: CA-55 south left turn to Rochester St
  • Electric: Standard
  • Flooring: Carpet, Laminate
  • Garage Spaces: 4.00
  • Gross Income: 123780.00
  • Gross Multiplier: 19.20
  • Gross Operating Income: 120067.00
  • Gross Scheduled Income: 123780.00
  • Heating: Central
  • Heating YN: Yes
  • Insurance Expense: 1485.30
  • Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Laundry Features: Inside, Upper Level
  • Laundry YN: Yes
  • Listing Agent License: 02010574
  • Listing Office License: 01943726
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 7004.0000
  • Lot Size Source: Builder
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 3508.00
  • Net Operating Income: 120067.00
  • New Taxes Expense: 24675.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 3713.00
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 120540.00
  • Total Expenses: 34490.00
  • Uncovered Spaces: 4.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
  • Year Built Source: Builder
Courtesy of Gogo Realtors R.h. Corp, Ryan Zhou

Bonnie Hart
Coldwell Banker Residential Brokerage

27742 Vista Del Lago, Ste. J1
Mission Viejo, CA 92692
Phone: 949-201-6887
Email: bonnie@bonniehart.com
DRE #01738829

Testimonials

Bonnie greatly assisted my family in our last home search. She was extremely knowledgeable, professional, and gave us a great deal of insight and perspective. Throughout the entire process she demonstrated a great deal of patience and explained everything to us in great detail. I highly recommend Bonnie Hart to assist you in your home search. We certainly will call upon her when we look to move again! Jeffrey Miller
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