About 1548 Elm Avenue
PRICED TO SELL!!! Sellers have already secured their up-leg 1031 Exchange property. This property is in an excellent rent area near Mesa Verde in Costa Mesa. Excellent unit mix with a single story 2br-1ba plus den converted to a 3rd bedroom, living room fireplace, large yard and no one above. These tenants will be moving out shortly after close of escrow. So, you will be able to then rent it out at market rent. There is also (2) 2br-1.5ba townhouse units with large patios and large living rooms as well as large bedrooms. All units have a 1 car private enclosed garage and each unit has it's own washer and dryer hookup inside the each unit. The entire roof has been recently replaced with all new plywood and asphalt shingles at the cost of approx, $35,000. the building has all newer windows and sliding doors as well. This is an excellent long term apartment property investment in an excellent area of Costa Mesa. Hurry on this one!!!
Features of 1548 Elm Avenue
| MLS® # | OC25144160 |
|---|---|
| Price | $1,475,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Acres | 0.16 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active Under Contract |
Community Information
| Address | 1548 Elm Avenue |
|---|---|
| Area | C1 - Mesa Verde |
| Subdivision | other |
| City | Costa Mesa |
| County | Orange |
| Zip Code | 92626 |
Amenities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected |
|---|---|
| Parking Spaces | 3 |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Disposal, Gas Oven, Gas Range |
|---|---|
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Lawn, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Yard |
|---|---|
| Roof | Composition, Shingle |
Additional Information
| Date Listed | June 25th, 2025 |
|---|---|
| Days on Market | 20 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Bob Walz |
|---|---|
| Office | New Dimension Investment Prop |