CA > Costa Mesa
Costa Mesa, CA 92627,777 W 18th ST
Costa Mesa, CA 92627,777 W 18th ST
Costa Mesa, CA 92627,777 W 18th ST
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
$1,800,000
Est. payment /mo
9,218 Sqft Lot
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UPDATED:

12/10/2024 10:46 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNP24223351

Style Ranch

Originating Board California Regional MLS

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 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

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Rooms

Kitchen Garbage Disposal, Other, Oven Range - Gas, Oven Range - Built-In, Oven - Gas

Interior

Heating Forced Air, Wall Furnace

Cooling None

Flooring Laminate

Laundry Gas Hookup, In Laundry Room, Other

Exterior

Parking Features Assigned Spaces

Garage Spaces 8.0

Pool 31, None

View None

Roof Type Composition

Building

Lot Description Trees, Grade - Level, Paved

Story One Story

Foundation Concrete Slab

Water Hot Water, District - Public

Architectural Style Ranch

Others

Tax ID 42405513

Special Listing Condition Not Applicable

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Listed by Stephanie Peterson • Arbor Real Estate

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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