SOLD
CBRE Brokers Facilitate $5.75M Sale Of Costa Mesa Multifamily Property
1993 Church Street
MultiFamily
Sold 14 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The Ebtide is a 12-unit multifamily property located at 1993 Church Street in Costa Mesa. The property was sold for $5.75 million, representing $753 per square foot and over $479,000 per unit following a $1 million renovation.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,750,000
- Units: 12
- Price per Unit: $479,167
- Address: 1993 Church Street
- Market: Costa Mesa
CBBRE represented both the buyer and the seller in the deal. EVP Dan Blackwell, first VP Mike O’Neill, and associate Jack O’Connor from CBRE facilitated the transaction, achieving a 26-day escrow and securing city-approved ADU permits for the property. The Ebtide property is nestled in the vibrant Eastside Costa Mesa area, situated between Huntington Beach and Newport Beach in Orange County.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: 04/18/2024
ADDRESS: 1993 Church Street
MARKET: Costa Mesa
ASSET TYPE: Multifamily
BROKERS: Daniel Blackwell, Jack O’Connor & Mike O’Neill - CBRE
SALE PRICE: $5,750,000
UNITS: 12 ~ PPU: $479,167
NOTE: CBRE facilitated the sale of Ebtide, a 12-unit multifamily property in Costa Mesa, for $5.75 million to a private investor, representing $753 per square foot and over $479,000 per unit following a $1 million renovation. EVP Dan Blackwell, first VP Mike O’Neill, and associate Jack O’Connor represented both the buyer and seller, achieving a 26-day escrow and securing city-approved ADU permits for the property, located in the vibrant Eastside Costa Mesa area, nestled between Huntington Beach and Newport Beach in Orange County.View on map
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Address1993 Church Street
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