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220 Knox Place

Costa Mesa CA 92627

8
4
12514 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

RARE ASSET! First time on the market in 60+ years, 220 and 226 Knox Place offer a generation-defining acquisition preferred to be sold together. This exceptional property consists of two separate side-by-side duplexes that look, feel, and function as seamless Quadruplex connected by a shared driveway. The portfolio features four spacious two-bedroom, one bathroom units- with each duplex measuring approximately 1,627 sq-ft making each individual unit roughly 813 sq ft. of comfortable living space complete with individual laundry hookups. Enhancing their appeal, both rear Units boast their own private backyards and there are two car garages, each unit shares one garage. The rear unit at 220 Knox Pl features a charming three-season Sun room!! LOCATION, LOCATION, LOCATION!!! Situated directly adjacent to Heller Park with no side neighbors for maximum privacy. The location is unbeatable in a very desirable area in Newport Heights/Costa Mesa! just a few blocks away from all the lively dining and retail along 17th st and only six minutes away to Balboa Peninsula in Newport Beach. This property is a high-performing investment and a perfect candidate for multi-unit development. With Three tenant-occupied units providing immediate, stable income, this rare property serves as both high-performing income asset and a premier candidate for future multi-unit redevelopment on two adjacent parcels. An rare multi-family OPPORTUNITY to acquire a side-by-side multi-unit lot in this prime location, will not present itself anytime soon!

Features

8 bedrooms
4 bathrooms
12514 sq. ft. lot size
Multi-Family

Happy sellers in Costa Mesa

92%
92% of sellers in Costa Mesa reported that their sale price either exceeded or met their price expectations.

Costa Mesa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Costa Mesa over the last 12 months.

Local market activity for 8 bedroom multi families in Costa Mesa

In the last 12 months, 1 eight-bedroom multi family similar to 220 Knox Place, have been sold.

This represents a 50% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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