120 Lisa LN, Costa Mesa, CA 92627
120 Lisa LN, Costa Mesa, CA 92627
120 Lisa LN, Costa Mesa, CA 92627
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Listed by Rick Applebaum, DRE #01273871 • Morgan Skenderian
$2,325,000
Est. payment /mo
6,053 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26211144

Year Built 1973

Lot Size 6,053 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

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.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Interior

Laundry 30, 38

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 43908116

Special Listing Condition Not Applicable


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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

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

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120 Lisa LN