Building

Stats

  • Property Type Vacant Motel
  • Year built 1958
  • Building size (SF) 28,286
  • Price $13,500,000
  • Units 46 room and a 2 bedroom management apartment
  • Land Size 0.58 acres

Overview

For Sale: The property is currently for sale AS-IS at $13.5 million and is a vacant 46 room and a 2 bedroom management apartment motel that has been approved for single occupancy. Continued use as a motel is not part of the future plans. The proposed residential apartment has been issued a formal approval of their planning application by the City of Costa Mesa


The remodeled studio units are ideal for single occupancy low-income apartments and other alternative uses (transitional housing, rehabilitation center, etc.) with appropriate city approval.


Each unit includes a bathroom, kitchenette, and is fully remodeled. As noted in the OM, the planned rental income stream is designed around full-service, all-inclusive rents.


*Any alternative use must be confirmed by the buyer*

Downloads

The Mesa - OM

Team

Eileen Doody

Eileen Doody

Principal, Healthcare, Leasing and Brokerage
Avison Young - US - CA - Orange County
00965140

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