East Costa Mesa (C5) Homes with Apartment Subtype

East Costa Mesa (C5) Homes with Apartment Subtype

Welcome to East Costa Mesa, a vibrant gem nestled in the heart of Orange County, California. Known for its charming neighborhoods and a laid-back coastal vibe, East Costa Mesa offers a unique blend of suburban comfort and urban convenience. The area is characterized by its tree-lined streets, friendly community atmosphere, and a rich tapestry of local culture, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of East Costa Mesa is its diverse real estate market, particularly the homes with apartment subtypes. These properties provide a fantastic opportunity for homebuyers looking to invest in multi-family living. Imagine owning a charming duplex or triplex that not only serves as your residence but also generates rental income, allowing you to make the most of your investment. The apartment-style homes in this region are often designed with modern amenities and spacious layouts, catering to a variety of lifestyles.

Residents of East Costa Mesa enjoy easy access to a plethora of amenities, including boutique shops, trendy cafes, and delicious dining options. The area is also in close proximity to beautiful beaches, parks, and recreational facilities, ensuring that outdoor enthusiasts can soak up the sun and enjoy the coastal lifestyle. With its excellent schools and strong sense of community, East Costa Mesa is not just a place to live—it's a place to thrive. Whether you’re looking for a cozy home or an investment opportunity, East Costa Mesa’s homes with apartment subtypes offer a perfect blend of comfort and potential. Come explore this inviting neighborhood and discover your next dream home!

Newest East Costa Mesa (C5) Homes with Apartment Subtype

120 Lisa Lane, Costa Mesa
$2,325,000
PW26211144 MLS ⋅ Active Status
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.

120 Lisa Lane, Costa Mesa
131 E 21st Street, Costa Mesa
$3,490,000
OC26116869 MLS ⋅ Active Status
SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 5-unit investment opportunity located in highly desirable Eastside Costa Mesa. Offered for sale for the first time in approximately 27 years, this well-maintained asset occupies an expansive approximately 15,746 square foot lot and features a unique low-density cottage-style layout with lots of attractive features and benefits. Improvements include a freestanding 2-bedroom, 1-bath residence positioned at the front of the property, along with four additional units located within two separate residential buildings at the rear. Unit mix consists of two 1-bedroom units and two 2-bedroom units. A defining characteristic of the offering is its abundance of private outdoor space. The front residence enjoys a large enclosed front yard with white picket vinyl fence and private rear yard, while each remaining unit benefits from its own yard, patio, or outdoor living area. This residential environment has contributed to strong tenant retention and consistent rental demand over many years. Residents enjoy amenities seldom found in comparable investment properties, including six enclosed garages, five equipped with automatic openers, in-unit washer and dryer hookups, and off-street parking for approximately eight vehicles. One garage is currently leased separately, generating additional monthly income. Generous parking, private outdoor areas, and thoughtful site design further enhance long-term resident appeal. From an operational standpoint, ownership benefits from a favorable utility structure. Gas and electricity are separately metered with no house gas or electric meters, helping reduce operating costs. Each residence is equipped with its own water heater, with residents responsible for individual gas consumption. Operating expenses remain straightforward and consist primarily of water, trash service, property taxes, insurance, landscaping, and professional management. Eastside Costa Mesa continues to rank among Orange County's most desirable rental markets, driven by its proximity to Newport Beach, major employment centers, premier shopping, dining, and coastal recreation. Convenient access to Newport Boulevard and the 55 Freeway further strengthens location appeal. This offering presents a rare opportunity to acquire a quality multifamily investment in one of Southern California's most sought-after rental submarkets.

131 E 21st Street, Costa Mesa
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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