3133 Coral AVE new

Costa Mesa,CA 92626

$ 2199999

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25045542

Style Contemporary

Originating Board California Regional MLS

Year Built 1970

Lot Size 0.305 Acres

Property Sub-Type Triplex

Property Description

RARE INVESTMENT PROPERTY INDEED!!! Remodeled Single story Duplex. Built in 1970 with a completely separate Two Story 4 Bedroom House added at the rear of the lot. The Two Story House, built in 1996 is 1,730 Sq. Ft. and has a 2-car garage. The Duplex has a total of 2,293 Sq. Ft. The total Square footage for the Duplex + House is 4,023 Sq. Ft. Each unit in the Duplex has Central Heat. 2br unit has 1.5 bath. The Duplex has been beautifully remodeled in the last year or so with new windows kitchens, Baths and new flooring. The Roofs on the duplex and House were replaced in 2017. This property is in the highly desirable and popular "SPICE STREET TRACT" of 4-Plexes in Costa Mesa. Walk 1 block to nearby park within the tract. Tenants have their own washer and dryer hook-ups. Extremely large 13,292 Square Foot Lot which allowed for the addition of the 2 story 4br - 2ba separate House built to the rear of the duplex in 1996. This is truly a very Unique opportunity to purchase an exceptional 3 unit investment property with huge income potential. Market rents could generate $124,800 in gross income per year which is more than most of the 4-plexes in the tract. Lease on the 4br currently at $3,376 is ends on September 30, 2025 and can then be raised to $3,675 within the boundaries of CA rent

Location

State CA

County Orange

Area C1 - Mesa Verde

Rooms

Kitchen Dishwasher

Interior

Heating Forced Air,Central Forced Air,Fireplace

Flooring Laminate

Laundry Gas Hookup,In Garage,30,Other

Exterior

Parking Features Unassigned Spaces,Attached Garage,Garage,Off-Street Parking,Uncovered Parking

Garage Spaces 12.0

Pool None

Roof Type Flat / Low Pitch,Rolled Composition,Tile

Building

Lot Description Irregular,Grade - Level

Story One Story

Water District - Public

Architectural Style Contemporary

Others

Tax ID 13949128

Special Listing Condition Not Applicable

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