3133 Coral Avenue new

Costa Mesa,CA 92626

$ 2199999

9 Beds

5.5 Baths

4023 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,023 sqft

Price per Sqft $546

MLS Listing ID CROC25072010

Bedrooms 9

Full Baths 5

Half Baths 1

Year Built 1970

Lot Size 0.305 Acres

Property Sub-Type Single Family Residence

Property Description

RARE INVESTMENT PROPERTY INDEED!!! Or, Great for owner Occupant. 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 ends on September 30, 2025 and can then be raised to $3,675 withi

Location

State CA

County Orange

Interior

Heating Forced Air,Central,Fireplace(s)

Cooling None

Flooring Laminate

Fireplaces Type Living Room

Laundry Gas Dryer Hookup,In Garage,Other,Inside

Exterior

Garage Spaces 3.0

Pool None

Utilities Available Cable Available,Cable Connected,Natural Gas Available,Natural Gas Connected

View Y/N false

View None

Building

Lot Description Irregular Lot,Other

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Newport-Mesa Unified

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