3123 Cinnamon Avenue, Costa Mesa, CA 92626 - Berkshire Hathaway HomeServices California Properties
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3123 Cinnamon Avenue, Costa Mesa, CA 92626

$2,150,000 Approx. USD 9 beds, 8 baths
4,614 sqft

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Listing Agent


Sean Riley | Sean.Riley@cbre.com
Lic#: 01920511
Broker: Courtesy of CB Richard Ellis, Inc.

Agent Remarks

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Rent roll listed includes the recent rent increase effective April 1st. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Interior electrical subpanels have been replaced in all units and the laundry room recently. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 24474763
List price is $2,150,000 Reduced by $150,000 on 2/7/2025
Price: $2,150,000
Beds: 9
Baths: 8
Built in 1966
4,614 sqft
2 stories
0.18 acres
Lot size: 0.1837
County: Orange
Parking description: Door-Multi,Door-Single,Garage,Uncovered
Heating/cooling: Central Air
Heating description: Central
MLS area: C1 - Mesa Verde

Last Updated: 4/3/2025

 Days On Market (DOM): 100

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This listing belongs to the C1 - Mesa Verde MLS area

Lat/Long: 33.683856, -117.920506.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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