See all 14 photos
$2,375,000
Est. payment /mo
6,054 Sqft Lot
New
120 Lisa LN Costa Mesa, CA 92627
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Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26211144
HOA Y/N No
Year Built 1973
Lot Size 6,054 Sqft
Property Sub-Type Apartment
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 Mesa's most sought-after submarkets.
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 Mesa's most sought-after submarkets.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 43908116
Energy Description 577.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard

Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com, DRE #01273871
NEARBY SCHOOL & BUSINESS
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