777 W 18th Street new

Costa Mesa,CA 92627

$ 1800000

- Bed

- Bath

2227 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,227 sqft

Price per Sqft $808

MLS Listing ID CRNP24223351

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1961

Lot Size 9,218 Sqft

Property Description

Exceptional Investment Opportunity – Two detached homes on a large 9,218-square-foot parcel! Located in the rapidly appreciating West Side Costa Mesa area, this property is ideal for investors, developers, or homeowners seeking rental income. The prime property presents a promising opportunity for investors to increase income by adjusting the existing below-market lease rates to market value. The recently renovated front home has 3 bedrooms and 1 full bathroom, featuring a spacious, gated front yard. The open floor plan offers vaulted ceilings, wood flooring, and a brick fireplace, with abundant natural light streaming through skylights and windows. An independent, gated rear yard attached to this house provides the perfect space for private relaxation or entertaining. The front home is currently leased for $3,600 per month and will be vacant and available for lease in mid-November, with high interest already expressed by potential tenants. It is actively listed for lease at $3,900 per month. The rear detached home, with its own private, gated backyard, includes 4 bedrooms and 2 bathrooms. The open living room and kitchen create a seamless flow, leading to an expansive outdoor area shaded by mature trees for added privacy and tranquility. The current long-term tenant in the rea

Location

State CA

County Orange

Interior

Heating Forced Air,Wall Furnace

Cooling No Air Conditioning

Flooring Laminate,Tile,Wood

Fireplace No

Laundry Gas Dryer Hookup,Laundry Room,Other

Exterior

View None

Handicap Access Other

Parking Type Assigned

Building

Lot Description Level,Other,Back Yard,Front Yard,Paved,Landscape Misc

Water Public

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