CA > Costa Mesa
Costa Mesa, CA 92627,311 W Wilson Street
Costa Mesa, CA 92627,311 W Wilson Street
Costa Mesa, CA 92627,311 W Wilson Street
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Listed by Brett Bayless • Brett Bayless, Broker
$5,700,000
Est. payment /mo
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10,092 SqFt
Active

311 W Wilson Street Costa Mesa, CA 92627

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Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

01/23/2025 01:59 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,092 sqft

Price per Sqft $564

MLS Listing ID CROC25007279

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1960

Lot Size 0.480 Acres

Property Description

311 W. Wilson St is a 14-unit multifamily investment property located in the desirable coastal community of Costa Mesa, CA. The property features an excellent mix of 50% - 2 bed/ 1 bath and 50% - 1 bed / 1 bath units with the upstairs units featuring vaulted ceilings and large semi-private front balconies, and downstairs units feature large semi-private front patios. 311 W Wilson provides a prospective buyer the opportunity to assume an attractive 4% loan in the amount of $2,850,000 with interest only payments available until September 1st 2025, with fully amortizing 4% payments until September 1st 2027. Potential investors will also benefit from extensive exterior and interior renovations recently completed. Building renovations include all new electrical sub and main panels, copper plumbing, stucco and paint, brand new carport and garage roofs, dual paned vinyl windows(majority), rain gutters and french drains, and a refurbished main building roof. Remodeled interiors featuring quartz counter tops, new stainless-steel appliances, engineered wood flooring and tile, canned lighting, ceiling fans, and cabinetry in the bathrooms. Costa Mesa is one of the strongest performing rental markets in Orange County, with tenants benefiting from the close proximity to the beach (3 Mi), and t

Location

State CA

County Orange

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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