742 Weelo Drive

    Costa Mesa, CA 92627
    • $1,550,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: IN18000724
    $1,550,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,583
      SQFT
    • $162
      $/SQFT
    Type:
    Multi-Family
    Built:
    1993
    County:

    School Ratings & Info

    Description

    This lot is zoned R2 MD (3 Units allowed). Currently has TWO homes on one lot!On the corner of Weelo Dr. and Wallace Ave. in Costa Mesa, less than two miles to Newport Beach. Minutes to everything that Orange County has to offer.Each house has its own address and separate utilities.Combined lot size is approximately 9,583 square feet. 1st home: 1846 Wallace Ave., rent $3,600/month.Two Story 5 bedrooms plus an office and 3 Full baths. Master on bottom floor with handicap accessible features.Living Room and Family Room. Fireplace. Huge front yard. Backyard for BBQing. Attached oversize 3 car garage and a workshop area, plus driveway parking.Washer and dryer hookups, gas range, dishwasher.Approx 2,200 sq ft. Built 1966.2nd home: 742 Weelo Dr., rent $2,900/month.Single Story 2 Bedroom and 2 full baths, living room with fireplace, vaulted ceilings, Jacuzzi bathtub, zen courtyard. Creative architectural features.Attached 2 Car Garage and additional driveway parking. Washer and dryer hookups, 220v electrical outlet, gas range, dishwasher.Approx 1,400 sq ft. Built 1993.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-20T00:27:54.107. 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.
    www.themarellygroup.com/homes/79658329

    742 Weelo Drive Costa Mesa, CA 92627

    • Price: $1,550,000
    • Status: Active
    • ID#: IN18000724
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    9,583
    SQFT
    $162
    $/SQFT
    1993
    Built
    Neighborhood:
    Costa Mesa Residential Income (Cmri)
    County:
    Orange
    Area:
    C4 - Central Costa Mesa
    Property Description
    This lot is zoned R2 MD (3 Units allowed). Currently has TWO homes on one lot!On the corner of Weelo Dr. and Wallace Ave. in Costa Mesa, less than two miles to Newport Beach. Minutes to everything that Orange County has to offer.Each house has its own address and separate utilities.Combined lot size is approximately 9,583 square feet. 1st home: 1846 Wallace Ave., rent $3,600/month.Two Story 5 bedrooms plus an office and 3 Full baths. Master on bottom floor with handicap accessible features.Living Room and Family Room. Fireplace. Huge front yard. Backyard for BBQing. Attached oversize 3 car garage and a workshop area, plus driveway parking.Washer and dryer hookups, gas range, dishwasher.Approx 2,200 sq ft. Built 1966.2nd home: 742 Weelo Dr., rent $2,900/month.Single Story 2 Bedroom and 2 full baths, living room with fireplace, vaulted ceilings, Jacuzzi bathtub, zen courtyard. Creative architectural features.Attached 2 Car Garage and additional driveway parking. Washer and dryer hookups, 220v electrical outlet, gas range, dishwasher.Approx 1,400 sq ft. Built 1993.
    Exterior Features

    Garage Spaces 5.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Roof Shingle Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherGas RangeTankless Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateTile Heating Central Furnace Heating YN Yes Interior Features Beamed CeilingsCeiling FanCopper Plumbing Full Laundry Features Gas & Electric Dryer HookupGas Dryer HookupIn Garage Levels One Room Type KitchenLaundryMain Floor Master BedroomWalk-In Closet

    Property Features

    Accessibility Features Disability Features Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric 220V In Garage Elevation Units Feet Gross Income 78000.00 Gross Scheduled Income 78000.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 77000.00 New Taxes Expense 18600.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Number With Carpet 2 Number With Dishwasher 2 Number With Disposal 2 Number With Drapes 2 Number With Patio 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 1000.00 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Costa Mesa Residential Income (Cmri) Tenant Pays ElectricityGasWater Total Actual Rent 6500.00 Total Expenses 19600.00 Trash Expense 0.00 Utilities Sewer Connected Water Source Public

    Listing provided courtesy of Michael Townsend of Townsend Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-20T00:27:54.107. 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.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003