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 vacant and available for lease, 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 rear is on a month-to-month lease at $3,600 per month, whil
MLS #
CRNP24223351
MLS Source
California Regional MLS
Days on Site
51
Appliances
Garbage Disposal, Other, Oven - Gas, Oven Range - Built-In, Oven Range - Gas
Flooring
Laminate
Cooling
None
Heating
Forced Air, Wall Furnace
Roof
Composition
Foundation
Slab
Pool
None
Style
Ranch
Garage/Parking
Assigned Spaces, Garage: 2 Car(s)
HOA Fee
$0
Listing Agent
Stephanie Peterson
Arbor Real Estate
License #: 01984954
Phone: –
Co-Listing Agent
Susan Krueger
Arbor Real Estate
License #: 02002894
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 2 |
777 W 18th St is a Duplex in Costa Mesa, CA 92627. This – square foot property sits on a 9,218 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,800,000 and was built in 1961.
This address can also be written as 777 W 18th St, Costa Mesa, CA 92627.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 10, 2024. For the most current information, please contact Stephanie Peterson