150 Cecil Place , Costa Mesa, CA - 92627 is For Sale

  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
  • PW23198880
$2,165,000· Income property

Description

Welcome to this rare opportunity to own a Triplex comprising two buildings nestled on an expansive 8,500+ SF Corner Lot in the highly sought-after East Side Costa Mesa neighborhood. This property presents an ideal combination of modern upgrades, convenience, and the potential for future growth, making it a must-see for investors and homeowners alike. Front Unit: 2 Bed, 2 Bath Standalone SFR The front unit of this triplex is a beautifully renovated 2-bedroom, 2-bathroom home that exudes warmth and comfort. Offering the privacy of a standalone single-family residence, this dwelling boasts an inviting interior that has undergone extensive renovations, providing a contemporary and stylish living space. The thoughtful layout allows for seamless movement from the spacious living areas to the well-appointed bedrooms. This unit comes complete with a large front and back yard, creating a perfect oasis for relaxation and entertaining. Rear Building: Top and Bottom Duplex Situated at the rear of the lot, each unit comprised of 1 bedroom and 1 bathroom. These renovated units offer comfortable living spaces and the added convenience of individual laundry facilities on-site. The duplex units are blessed with a generous yard space, affording residents the luxury of outdoor enjoyment and the prime opportunity for pets. Located on a corner lot, this triplex benefits from dual access points. The duplex can be conveniently accessed from Elden Ave driveway, while the front house enjoys direct driveway access from Cecil Pl. The East Side Costa Mesa locale is renowned for its charming ambiance, tree-lined streets, and proximity to an array of amenities. Residents can relish easy access to local shops, restaurants, parks, and top-rated schools, enhancing the appeal of this already highly desirable property. As a unique bonus, this triplex offers significant potential for future expansion and added value. With the generous lot size, there is ample room to accommodate an ADU (Accessory Dwelling Unit) in between both buildings, providing a chance to increase rental income or accommodate extended family members while further enhancing the property's overall value. Whether you are seeking a lucrative investment opportunity or a place to call home, this property promises versatility, modern amenities, and a prime location.

Features

MLS#: PW23198880
List Price : $2,165,000
Total Units : 3
CAP rate : $4.00
Net Operating Income : $87,896
Sq M : 809 M2
Year Built : 1947
Days on market : 129 Days
Gross taxes : N/A
Address : 150 Cecil Place
City : Costa Mesa
State : CA
Zip Code : 92627
Neighborhood : N/A
Stories : 2
Laundry : Common Area, In Closet, Individual Room
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $2,165,000
Acres : 0.2
Lot Size (Acres) : 0.2
Water : Public
Sewer : Public Sewer
Pool Desc : None
Cooling : None
Flooring : Vinyl
Driving Directions : Cecil place and Elden Ave
Lot Features : 0-1 Unit/Acre, Landscaped, Lawn, Level with Street
 
Courtesy of : Tyler Rogina , Compass

Location

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