Offered for the first time ever as one complete income property, this five-home, SFR detached compound in Eastside Costa Mesa presents an exceptionally investment opportunity. Boasting close proximity to the 55 Freeway, the property is currently being operated by a well-respected company under a master lease, with each home highlighted by four bedrooms and three baths in approximately 2,454 square feet. State-of-the-art solar panels power all five residences, which also feature paver-finished patios, high ceilings, clerestory windows, attached two-car garages, fireplaces, crown molding, and bright and open floor plan designs. Kitchens showcase islands, granite countertops and stainless steel appliances, and primary suites host walk-in closets and private baths with showers and separate soaking tubs. The enclave is enviably convenient to restaurants, shopping, excellent schools, golf courses, parks, Newport’s Back Bay and miles of world-renowned beaches. This property is being offered for sale individually or in "bulk" for all 5 residences that are fully leased out to A+ credit/tenant/operator. Tenant/ operator is on a NNN master lease.
Based on information from California Regional Multiple Listing Service, Inc. as of October 5th, 2022 at 9:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.