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!
| MLS # | OC26179490 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 8 |
| Listing Provided By | Keller Williams Realty | Olivia Lebegue |
| SQ Feet | 3,254 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 4 |
| Acreage | 0.29 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans, All Bedrooms Down |
| Appliances | Six Burner Stove, Gas Cooktop, Gas Oven, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
| Roof | Common Roof |
|---|---|
| Construction Materials | Cement Siding |
| Foundation Details | Concrete Perimeter |
| Lot Features | Two To Five Units Acre, Back Yard, Garden, Sprinklers In Front, Landscaped, Near Park, Sprinkler System |
| Fencing | Wood |
| Parking Features | Door Single, Driveway, Garage Faces Front, Garage, Public, Shared Driveway |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Biking, Dog Park, Street Lights, Sidewalks, Park |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Costa Mesa |
| Zip Code | 92627 |
| Area | C5 East Costa Mesa |
| Community Name | Eastside Heights (EHCM) |
| Listing VS Median (in Eastside Heights (EHCM)) | |
Price: $4,000,000 low | high Med: $4,000,000 sqft: 3,254 low | high Med: 3,254 $ / sqft: $1,229 low | high Med: $1,229 On site: 8 low | high Med: 8 | |
| State | CA |
|---|---|
| County | Orange |
| City | Costa Mesa |
| Zip Code | 92627 |
| Area | C5 East Costa Mesa |
| Community Name | Eastside Heights (EHCM) |
| Listing VS Median (in Eastside Heights (EHCM)) | |
Price: $4,000,000 low | high Med: $4,000,000 sqft: 3,254 low | high Med: 3,254 $ / sqft: $1,229 low | high Med: $1,229 On site: 8 low | high Med: 8 | |