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$1,750,000
PW22111293 MLS
Turnkey Eastside Costa Mesa Two Homes on one Lot in Prime Location, walking distance to Triangle Square, 17th Street Restaurants, Grocery Stores, Salons, Newport Beach Schools, and only 1.7 miles to Newport Beach Harbor. This investment opportunity affords the new owner extremely low maintenance, desirable finishes for excellent rental rates, and upgraded mechanical systems. The property has gone through two phases of development. Unit A - the original main house was one bedroom and one bath before adding dual master suites in 2020. It is now 3 bedrooms and 3 walk-in showers which makes the home ideal for room-share or multi-adult households. The kitchen, flooring, bathrooms, windows, have all be replaced/upgraded, including partial siding replacement, and a 2020 roof. This unit currently utilizes the detached two car garage and has shared common area outdoor space. Unit B - 2022 new construction second story one bedroom one bath with full size kitchen, family room and in-unit laundry. This unit is permitted as an Accessory Dwelling Unit with separate address, laundry, storage room, fully paid solar panels, separate electric meter, separate gas meter, and shared water meter. The two units are entirely detached. Both units have all appliances including inside laundry which will convey with the property. See upgrade list for additional details. Property is also listed for sale as #PW22112591

118 Magnolia Street A-B, Costa Mesa

Listing courtesy of Listing Agent: Chasin Prather from Listing Office: Chasin RE

$1,995,000
OC22067836 MLS
2 Unit property located in desirable Eastside Costa Mesa. Built in 2015, underwent remodel in 2022, provides approximately 2,200 Sq. Ft. of living space for each of the 2-story units. Approximate rent collected (based on the previous occupying tenants) grossed $9,500 per month, yielding a GSI of $114,000/year. The primary, 4 Bed & 3.5 Bath, Unit #1; boasts double master bedrooms, a double walk-in shower, jacuzzi tub, and dual vessel sinks. Featured throughout both units of the property is a consistency of thoughtful design with heigh ceilings and skylights on the ground floor, and vaulted ceilings with skylight dormers upstairs which create an open, light and airy feel. The gourmet kitchen has a 5-burner gas range, double-oven and an island sink. High end finishes include, travertine floors, oak stairs, granite counter tops, wrought iron railings and more. The over-sized back patio is gas plumbed for BBQ and flows seamlessly into a large, shady grassy side yard. The secondary Unit #2; is comprised of, 3 Beds & 2.5 Baths, that mimic replicable features to the neighboring primary unit. The ground floor emulates a contemporary open floor plan that consists of Travertine flooring with a large kitchen with peninsula seating and stacked laundry at the second level and maintains alignment with the meticulous features showcased from the primary. Newport Mesa Unified School District – Newport Harbor High School! IDEAL INVESTMENT for someone looking to live in one unit and rent out the other.

1984 Orange Avenue, Costa Mesa

Listing courtesy of Listing Agent: Andrew RebulioD'Angelo from Listing Office: Residential Agent Inc.

$2,550,000
OC22076742 MLS
This beautifully renovated triplex is owner’s pride and stands out among the rest while offering one of the best locations in East Side Costa Mesa, one block north of 17th Street’s shopping and dining, one mile from Newport Beach’s shoreline. Building sits attractively on corner lot with three large townhomes at nearly 1,100 sq ft each with landscaped patios for entertaining and newer appliances in each including refrigerators, dishwashers, gas ranges, washers and dryers. Triplex includes three 2 bed, 1.5 bath units with approximately 3,300 square feet of living area, 3 garages with remotes, 2 open carports, one on each side of the garages, 3 additional spaces in the private alley right behind garages and plenty of street parking adjacent to the building. Property is virtually maintenance-free and occupied with reliable month-to-month tenants. The amount of renovation is astonishing with roofs being replaced just 6 years ago, all new kitchen and bathroom cabinets in Brazilian cherry, granite counters, sinks and hardware (Hansgrohe faucets and stainless-steel basins in kitchens), Brazilian cherry laminate flooring, double-glazed windows with faux wood window blinds, and new entry and patio doors. All water heaters are 3 years old or newer, and all appliances are 4 years old or newer. Additionally, all units have newer exposed gas lines, new sewer cleanout in front, all garages are wired for electric power, LED lighting throughout, and beautiful drought tolerant landscaping with automatic sprinklers.

254 Cabrillo Street, Costa Mesa

Listing courtesy of Listing Agent: Glen Hughes from Listing Office: Hughes Realty Group

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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