The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	$5,700,000
Units	14
Lot Size Acres	0.49
Parking Ratio	1.71

Investment Highlights

Attractive In-Place Financing Available
Extensive Interior and Exterior Renovations
Upgraded Electrical
Upside in Rental Income
ADU Potential
Prime Costa Mesa Location with Excellent Walkability
Excellent Unit Mix

Property Description

The Mogharebi Group is pleased to present the opportunity to acquire 311 W Wilson, a 14 unit multifamily community located at 311 West Wilson Street in Costa Mesa, California. The property features attractive in-place financing at 4% interest only, providing the right investor the opportunity to acquire an extensively renovated asset in the highly regarded Orange County coastal community of Costa Mesa, CA.

311 West Wilson Street
Costa Mesa, CA 92627

Situated amongst the southern beach cities of California, Costa Mesa is the 8th largest city in Orange County and is known for its thriving arts scene and cultural venues. Costa Mesa is positioned 37 miles south of Los Angeles and 90 miles northwest of San Diego. This makes it well-positioned to take advantage of the employment, entertainment, and educational centers throughout the region. Costa Mesa’s easy access to regional amenities is aided further by a robust matrix of highways and public transportation, most notably the 55 and 405 freeways. Costa Mesa is located in the Los Angeles-Long Beach-Anaheim Metropolitan Statistical Area (MSA), regularly recognized for its economic diversity and quality of life.