777 W 18Th Street, Costa Mesa, CA 92627
-
Listed Price :
$1,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1961
Property Description
Exceptional Investment Opportunity – two detached, well-maintained homes on a large parcel! Located in the rapidly appreciating West Side Costa Mesa area, this property is ideal for investors, developers, or homeowners seeking rental income.
Upon arrival, one will find the front home features a spacious, gated front yard. Recently renovated, this residence includes three bedrooms and one full bathroom. The open floor plan offers vaulted ceilings, wood flooring, and a brick fireplace, with immense natural light coming from the skylights and windows. The independent, gated rear yard attached to this house provides the perfect space for private relaxation or entertaining. This front will be vacant and available for lease mid-November, with high interest already expressed by potential future tenants. This home is also actively listed for lease for $3,900 per month.
The rear detached home, with its own private, gated backyard, includes four spacious bedrooms and two 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 is on a month-to-month lease at $3,600, offering flexibility for future ownership. Each home has a separate laundry area, a one-car garage, and ample off-street parking.
Conveniently situated near the vibrant 17th Streetscene and the iconic beaches of Newport Beach, this duplex offers an outstanding opportunity for income generation and capital growth in a highly sought-after location. Zoned for multifamily development, this property presents prime development potential. Don’t miss out on this incredible opportunity!
Interior Features
| Laundry Information |
| Location(s) |
Gas Dryer Hookup, Laundry Room, Outside |
| Bedroom Information |
| Features |
All Bedrooms Down, Bedroom on Main Level |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Tile, Wood |
| Interior Information |
| Features |
Beamed Ceilings, Ceramic Counters, Cathedral Ceiling(s), Open Floorplan, Tile Counters, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s) |
| Cooling Type |
None |
Listing Information
| Address |
777 W 18Th Street |
| City |
Costa Mesa |
| State |
CA |
| Zip |
92627 |
| County |
Orange |
| Listing Agent |
Stephanie Peterson DRE #01984954 |
| Co-Listing Agent |
Susan Krueger DRE #02002894 |
| Courtesy Of |
Arbor Real Estate |
| List Price |
$1,800,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
9,218 |
| Year Built |
1961 |
Listing information courtesy of: Stephanie Peterson, Susan Krueger, Arbor Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 2nd, 2024 at 3:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
