14u Costa Mesa | 4% Assumable Debt 311 W Wilson St Immeuble residentiel 14 lots 4 932 210 € (352 301 €/Lot) Taux de capitalisation 4,53 % Costa Mesa, CA 92627

311 W. Wilson St is a 14-unit multifamily investment property with 4% assumable financing located in the desirable coastal community of Costa Mesa, CA. The property features an excellent mix of 50% - 2 bed/ 1 bath and 50% - 1 bed / 1 bath units with the upstairs units featuring vaulted ceilings and large semi-private front balconies, and downstairs units feature large semi-private front patios. The assumable loan provides a prospective buyer the opportunity to assume an attractive 4% loan in the amount of $2,850,000 with interest only payments available until September 1st 2025, with fully amortizing 4% payments until September 1st 2027. Potential investors will also benefit from extensive exterior and interior renovations recently completed. Building renovations include all new electrical sub panels, stucco and paint, brand new carport and garage roofs, dual paned vinyl windows, rain gutters and french drains, and a refurbished main building roof. Remodeled interiors featuring quartz counter tops, new stainless-steel appliances, engineered wood flooring and tile, canned lighting, ceiling fans, and cabinetry in the bathrooms.