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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$4,000,000

Est. payment - /mo

8 Beds

4 Baths

0.29 Acres Lot

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Open House

Sun Aug 30, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside Heights (Ehcm)

MLS Listing ID OC26179490

Bedrooms 8

Lot Size 0.287 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

RARE ASSET! First time on the market in 60+ years, 220 and 226 Knox Place offer a generation-defining acquisition preferred to be sold together. This exceptional property consists of two separate side-by-side duplexes that look, feel, and function as seamless Quadruplex connected by a shared driveway. The portfolio features four spacious two-bedroom, one bathroom units- with each duplex measuring approximately 1,627 sq-ft making each individual unit roughly 813 sq ft. of comfortable living space complete with individual laundry hookups. Enhancing their appeal, both rear Units boast their own private backyards and there are two car garages, each unit shares one garage. The rear unit at 220 Knox Pl features a charming three-season Sun room!! LOCATION, LOCATION, LOCATION!!! Situated directly adjacent to Heller Park with no side neighbors for maximum privacy. The location is unbeatable in a very desirable area in Newport Heights/Costa Mesa! just a few blocks away from all the lively dining and retail along 17th st and only six minutes away to Balboa Peninsula in Newport Beach. This property is a high-performing investment and a perfect candidate for multi-unit development. With Three tenant-occupied units providing immediate, stable income, this rare property serves as both high-performing income asset and a premier candidate for future multi-unit redevelopment on two adjacent parcels. An rare multi-family OPPORTUNITY to acquire a side-by-side multi-unit lot in this prime location, will not present itself anytime soon!

Location

State CA

County Orange

Zoning Seller

Direction Major crossing streets are Orange Ave and Santa Ana Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 42533411

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

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Listed by Olivia Lebegue, DRE#02336412 Keller Williams Realty

Nearby School & Business

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

220 Knox Place Costa Mesa, CA 92627

Anthony Napoli

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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