Costa Mesa, CA 92626,129 Clearbrook Lane
Costa Mesa, CA 92626,129 Clearbrook Lane
Costa Mesa, CA 92626,129 Clearbrook Lane
$1,285,000
Est. payment /mo
$1,299,000
1.1%
Est.Price: ?

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3 Beds
2 Baths
7,841 Sqft Lot
SOLD DATE : 01/03/2022

Key Details

Sold Price $1,285,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NP21252326

Sold Date 01/03/22

Bedrooms 3

HOA Y/N No

Lot Size 7,841 Sqft

Property Description

Rare opportunity to acquire a well-maintained, single-level duplex with chic curb appeal in the heart of Costa Mesa. First time on the market in over 43 years. These bungalow-style units consist of one 2-Bedroom unit and one 1-Bedroom unit. Located at the end of a cul-de-sac on a tree-lined street, the property exudes character and charm. Each unit offers exposed wood beam ceilings, large living rooms, spacious master bedrooms and sizable private patios. The two-bedroom unit also enjoys a cozy fireplace, walk-in closet, dual vanities and laundry. There are three garages that can be rented out separately to generate additional income, along with ample off-street private parking at the rear of the property. Excellent long-time tenants are currently month-to-month and would like to renew their leases. Current rents are below market with upswing potential. Great opportunity for an owner/user or for an investor to add value and increase GSI. Tenant demand is very strong due to the location and the uniqueness of the property. Stroll to OCC, Vanguard University, Orange County Fairgrounds, and Costa Mesa City Hall. Just minutes from local beaches, Triangle Square, 17th Street shops & restaurants, South Coast Plaza and UC Irvine. Easy Freeway access to the 405, 55, and 73. Drive by and see the potential. Please do not disturb tenants. The adjacent Triplex located at 131 Clearbrook is also available for purchase.
Rare opportunity to acquire a well-maintained, single-level duplex with chic curb appeal in the heart of Costa Mesa. First time on the market in over 43 years. These bungalow-style units consist of one 2-Bedroom unit and one 1-Bedroom unit. Located at the end of a cul-de-sac on a tree-lined street, the property exudes character and charm. Each unit offers exposed wood beam ceilings, large living rooms, spacious master bedrooms and sizable private patios. The two-bedroom unit also enjoys a cozy fireplace, walk-in closet, dual vanities and laundry. There are three garages that can be rented out separately to generate additional income, along with ample off-street private parking at the rear of the property. Excellent long-time tenants are currently month-to-month and would like to renew their leases. Current rents are below market with upswing potential. Great opportunity for an owner/user or for an investor to add value and increase GSI. Tenant demand is very strong due to the location and the uniqueness of the property. Stroll to OCC, Vanguard University, Orange County Fairgrounds, and Costa Mesa City Hall. Just minutes from local beaches, Triangle Square, 17th Street shops & restaurants, South Coast Plaza and UC Irvine. Easy Freeway access to the 405, 55, and 73. Drive by and see the potential. Please do not disturb tenants. The adjacent Triplex located at 131 Clearbrook is also available for purchase.

Location

State CA

County Orange

Area Oc - Costa Mesa (92626)

Zoning Public Rec

Interior

Cooling Wall/Window

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Cul-De-Sac, Curbs, Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash

Space Rent $2,600

Listing Terms Cash

Financing Cash

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Brad Hinman • Compass
Bought with Michael Taormina • Compass
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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