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755 W 18th St

Costa Mesa, CA

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SOLD FOR

$15,685,000

SQFT

35,872

PROPERTY DESCRIPTION

Built in 1963, 755 W 18th Street - Villa West Apartments, is a 36-unit apartment building composed of 9 detached buildings with a total square footage of 35,874 and a unit mix of (36) 2 bedroom +1.5 bathroom units. Each unit is 825 Sq. Ft, equating to 29,700 Net Rentable Sq. Ft.

Situated on a 1.58 acre lot (68,825 Sqft), the property provides a wide range of amenities including controlled access with gated entry, carport parking with 60 parking spaces, an on-site managers office, on-site laundry facilities, community courtyard, pool, and private patios for tenants. The Villa West Apartments is just one mile away from the Pacific Coast, and located near Orange Coast College, Vanguard University, the OC Fair & Event Center, and South Coast Plaza, which are all major employment and housing drivers for the area. The property is in close proximity to the best shopping, dining, and entertainment that Costa Mesa has to offer.

9 total property APN's included in sale: 424-055-04, 424-055-05, 424-055-06, 424-055-07, 424-055-08, 424-055-09, 424-055-10, 424-055-11, 424-055-12.

Features / Amenities

Controlled Access Gated Entry

On-Site Manager

On-Site Laundry Facilities

Community Courtyard

Community Pool

Newly Resurfaced Parking Lot with 60 Parking Spaces

Security Cameras Throughout

9 Detached Buildings

36 Units

60 Parking Spaces