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Listed by Rick Applebaum, DRE #01273871 • Morgan Skenderian
$ 2,375,000
Est. payment /mo
New
120 Lisa LN Costa Mesa, CA 92627
6,053 Sqft Lot
UPDATED:
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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