*** GREAT INVESTMENT OPPORTUNITY*** Wonderful opportunity to own a gorgeous income producing duplex in great Westside Costa Mesa neighborhood that was torn down to the studs and nearly completely rebuilt from the ground up in 2021 -- now 2 all new stunning units! 2bed and 1 bath rent $3200 per month( potencial can be $3500 per month), 1 bed and 1 bath rent for $3300 per month Plus the added bonus of an extra large lot with room for expansion or ADU. The two units are side-by-side with one connecting wall between them and a shared laundry room. They each have separate gas and electric meters. One unit has 2 bedrooms, 1 bath with approx. 1000 sqft and the other unit is a 1 bedroom, 1 bath with approx. 600 sqft. The tenants are on month to month lease agreements. Both homes are charming cottage-style homes with patios that feel like brand new homes with all the recent upgrades, Including new 100 AMP subpanels, all new dual pane windows, new ductless A/C added, new vinyl flooring, new carpet, fresh paint, custom baseboards, raised panel interior doors, custom doorway casements, mirrored closets, and ceiling light fans. Both kitchens are completely remodeled with new countertops, recessed lighting, custom cabinetry, chic "floating" shelving, and all new appliances (dishwasher, stove, microwave, fan vent, sink, garbage disposal). Both bathrooms are also completely remodeled with new vanities, toilets, lighting, mirrors, and showers. The front 2-bedroom unit boasts a fenced front yard, welcoming front porch, added breakfast bar in kitchen, dual sinks in bathroom, and new tile surround in walk-in shower. The entire duplex has beautiful curb appeal with all new siding, newer roof, and new vinyl fencing, including 2 motorized vinyl gates for the 2 private driveways that can each park 3 cars. 6 private parking spaces is a rare commodity in this neighborhood. These completely renovated units are ideal for the first time investor who wants to get great rents in a good area of Costa Mesa, or the savvy investor who is looking to live in one and rent out the other. Centrally located and walking distance to shopping, restaurants, library, and park. Close to the beautiful Newport beaches.
Days on market: 120
Listing updated: February 07, 2025 - 09:56:02
Listed by: Lily Campbell DRE #01229782 714-964-3311, First Team Real Estate - Orange County
Source: Orange County, MLS#: H07700 Originating MLS: CRMLS
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