14
See all 14 photos
$2,375,000
Est. payment /mo
7 Beds
4 Baths
6,053 Sqft Lot
New
120 Lisa Lane Costa Mesa, CA 92627
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26211144
Bedrooms 7
Lot Size 6,053 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
120 Lisa Lane presents a rare opportunity to acquire a well-positioned triplex in highly desirable Eastside Costa Mesa, just minutes from Newport Bluffs. Offered for the first time in more than 13 years, the property features a highly attractive unit mix consisting of one 3BR/2BA unit and two 2BR/1BA units, appealing to a broad tenant base of families and professionals. Each unit offers desirable amenities, including washer/dryer hookups, private patios or balconies, while the four-car garage provides valuable off-street parking and additional tenant convenience. Situated at the end of a quiet cul-de-sac, the property offers an added level of privacy and a residential feel that further enhances its tenant appeal. With approximately 25% in rental upside, 120 Lisa Lane offers investors the opportunity to acquire a well-maintained asset with strong in-place fundamentals and meaningful value-add potential in one of Costa Mesas most sought-after submarkets.
Location
State CA
County Orange
Zoning Public Rec
Direction East of the 55 Freeway and South of Mesa Drive.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 43908116
Listed by Rick Applebaum, DRE#01273871 Morgan Skenderian
Co-listed byPaul Espinosa • Morgan Skenderian
Co-listed byPaul Espinosa • Morgan Skenderian
NEARBY SCHOOL & BUSINESS
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