Property Description

Split between 313 and 325 E. 17th Place, (12 and 10 units, respectively) these two contiguous parcels with separate APNs hold six 1-bed/1-bath and sixteen 2-bed/1-bath units. 星空体育(中国)官方网站re are 22 units laid out in a classic two-story garden-style format with central courtyards. It鈥檚 the kind of property people point at and say, 鈥淲OW, that鈥檚 your building?鈥� Yeah. That one. This 22 unit gem is tucked just behind the electric pulse of OC鈥檚 鈥渋t place鈥� 鈥� 17th Street, in the heart of Eastside Costa Mesa, where coastal chill meets creative grit. This neighborhood doesn鈥檛 just check boxes 鈥� it defines lifestyle. It鈥檚 a place where surfboards share garage space with stylish startups 鈥� and where renters NEED to stay. You鈥檙e minutes from Newport Beach, a quick shot to South Coast Plaza or Fashion Island, but the real draw is right here: the magnetic energy of the Eastside. For multifamily investors, this isn鈥檛 an up-and-comer 鈥� it鈥檚 a fully-arrived market that鈥檚 only headed in one direction: up. 80% of the units have been updated with modern finishes and LVP flooring, while the infrastructure holds strong: copper plumbing repipe, roof replaced within the last ~10 years, termite tented ~5 years ago, individual water heaters, and separate gas/electric meters. Parking includes 8 garages and 10 additional spaces 鈥� a serious edge in a neighborhood that鈥檚 always buzzing. This is a cashflowing asset with curb appeal, street cred, and upside 鈥� a pride-of-ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.

ESSENTIAL INFO

• Status: Pending