2040 Orange Avenue – an incredible income-producing purchase opportunity for both build or buy-and-hold investment models. Situated in desirable Eastside Costa Mesa, this extensively remodeled triplex occupies half of its 14,375 square foot double-lot with a vacant lot to spare. Each of the three grandfathered units features 2 bedrooms/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!
Based on information from California Regional Multiple Listing Service, Inc. as of December 9, 2022. 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. IDX provided by Sierra Interactive.