386 Woodland Place, Costa Mesa, CA 92627
- $1,949,000
- Sold Price
- $1,949,000
- List Price
- $1,949,000
- Closing Date
- Nov 08, 2023
- Status
- CLOSED
- MLS#
- LG23179640
- Year Built
- 1970
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Lawn, Landscaped, Near Park, Near Public Transit, Rectangular Lot, Yard
- Days on Market
- 4
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- Eastside Central (Eccm)
Property Description
Discover a remarkable investment opportunity in Eastside Costa Mesa situated in a prime cul de sac location. This triplex not only boasts an appealing unit mix that ensures a consistent stream of income but also offers abundant outdoor entertaining spaces, individual garages and a separate laundry facility. The ground-level unit features three spacious bedrooms, two bathrooms, and an inviting open-concept layout complemented by a cozy fireplace. This unit also offers exclusive access to a private patio that stretches across the width of the building, providing a serene outdoor retreat. Ascending to the second level, you'll find two generously sized two-bedroom units with one bathroom each, perfect for accommodating a variety of tenant preferences. For savvy investors seeking to maximize their returns, this property is strategically positioned just a stone's throw away from all of the conveniences of 17th Street, award winning schools, world-class shopping and dining destinations such as South Coast Plaza and Fashion Island. Furthermore, its proximity to John Wayne Airport and the renowned beaches of the Newport Peninsula adds to its allure.
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Additional Information
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave
- Pool Description
- None
- Fireplace Description
- Gas, Living Room
- Heat
- Wall Furnace
- Exterior Construction
- Frame, Stucco, Wood Siding
- Roof
- Composition, Mansard
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Laminate Counters, Open Floorplan, Bedroom on Main Level, Galley Kitchen, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $86,280
Listing courtesy of Listing Agent: Matt Perry (matt@perrypropertyadvisors.com) from Listing Office: Arbor Real Estate.
Listing sold by Daniel Blackwell from CB Richard Ellis, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.