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Active
101 Clearbrook Lane Costa Mesa, CA 92626
$1,750,000

Property listed by Regency Real Estate Brokers, Myrna Clark. IDX Contact: 949-707-4400

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  • David Oronoz

    David Oronoz

    Principal | Multifamily Investments

    DRE# 01838862

  • Bobby Aschtiani

    Bobby Aschtiani

    Principal | Multifamily Investments

    DRE# 02048373

  • Chris Pettit

    Chris Pettit

    Founder

    DRE# 01983950

Property Description

This is a Rare Find! Gorgeous Triplex in an amazing Location! It will not last on the market for long. This property consists of 3 attached homes: one 2-bedroom unit and two 1-bedroom units. The owner has maintained the property and it is in excellent condition. All have units have been upgraded throughout, but each has kept it’s own character & charm. Some of the many upgrades include kitchen remodels, upgraded bathrooms, upgraded flooring, professionally painted interior & exterior, newer sewer line, upgraded garage doors, some newer vinyl windows & some newer appliances throughout. The owners have taken pride in keeping everything maintained wonderfully—even the beautiful landscaping which includes mature trees, and a park-like front yard setting for each home. No wonder each tenant has asked for their leases to be renewed. All homes have large living rooms and larger bedrooms with most having walk-in closets. Unit A has a lovely white brick fireplace and a two-car garage with easy access to their patio gate. Unite B & C have a one car garage. All have enclosed patios to enjoy. To top it all off this Location is amazing! Close to Orange Coast College, OC Fairgrounds, Beaches, Triangle Square restaurants & entertainment, Costa Mesa City Hall, South Coast Plaza, UCI and much more. Quick access to the 405, 55 & 73 freeways makes life easy. Please do not disturb tenants. Thank you

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1964

Appliances and Equipment

  • Electric Cooktop
  • Electric Range
  • Disposal
  • Microwave

House

  • 1 total stories
  • Built in 1964
  • Stories: 1
  • 2528 total building sqft
  • Bungalow
  • 2+ Common Walls
  • One

Community

  • Street Lights
  • Sidewalks

Cooling

  • No cooling

Doors

  • Sliding Doors

Expenses

  • Insurance Expense: $3,841
  • Operating Expense: $6,150
  • Water Sewer Expense: $850

Fence

  • Wood

Fireplaces

  • Bath
  • Kitchen
  • Living Room
  • Master Bedroom

Floors

  • Vinyl

Garage

  • 1 garage space

Heating

  • Forced Air
  • Wall Furnace

Income

  • Gross Income: 62700
  • Gross Scheduled Income: 62700
  • Net Operating Income: 56550

Interior Features

  • Granite Counters
  • Quartz Counters
  • All Bedrooms Down
  • Walk-In Closet(s)

Listing

  • Listing ID: OC22171855
  • First day on market
  • Listed on 2022-08-04

Location

  • County: Orange
  • Subdivision: Other (OTHR)

Lot

  • 8712 sqft
  • 0.2 acres
  • Area: 8712
  • Front Yard

Parking

  • Paved

Possession

  • Close Of Escrow

Property

  • Single building
  • 3 units
  • Property attached
  • Updated/Remodeled
  • Courtyard

Sewer

  • Sewer Tap Paid

Tenant Pays

  • All Utilities
  • Electricity

Utilities

  • Standard
  • 3 separate electric meters
  • 0 separate gas meters
  • 0 separate water meters
  • Water Connected

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