2040 Orange Avenue

Costa Mesa, CA 92627

  • beds
  • baths
  • sqft
  • sqft lot

$1,400,000

  • Sold
  • NP15004232

PROPERTY DESCRIPTION

This extensively remodeled triplex is a valuable income-producing opportunity for both build or buy-and-hold investment models. Situated in desirable Eastside Costa Mesa, the improved property occupies half of its 14,375 sq. ft. double-lot with a vacant lot to spare. Each of the three grandfathered units features 2 bedrooms and 1 bath, 1-car covered garage and single driveway. Additions include new kitchens and bathrooms, stainless appliances, granite countertops, wood floors, windows and landscaping. Property is zoned for RV parking and has driveway access along North side of lot. Expected gross rents are $86,400/year – a true 5-cap and climbing.

Listing Details

Address:   2040 Orange Avenue, Costa Mesa, CA 92627
  • Listing Type
    Triplex
  • Listing Status
    Sold
  • MLS #
    NP15004232
  • Year Built
  • Square Foot
  • Stories
  • Parking Spaces
  • Subdivision
    Eastside Heights (EHCM)
  • Bathrooms
  • Half Bathrooms
  • Lot Size