Costa Mesa, CA 92627 150 Cecil Place

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Presented By: Tyler Rogina with Compass; 562-999-1885
  • MLS# PW23198880
  • 10/25/2023
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 1
  • FootageSQFT • 2,280

Home Details

Welcome to this rare opportunity to own a Triplex comprising two buildings nestled on an expansive 8,500+ SF Corner Lot in the highly sought-after East Side Costa Mesa neighborhood. This property presents an ideal combination of modern upgrades, convenience, and the potential for future growth, making it a must-see for investors and homeowners alike. Front Unit: 2 Bed, 2 Bath Standalone SFR The front unit of this triplex is a beautifully renovated 2-bedroom, 2-bathroom home that exudes warmth and comfort. Offering the privacy of a standalone single-family residence, this dwelling boasts an inviting interior that has undergone extensive renovations, providing a contemporary and stylish living space. The thoughtful layout allows for seamless movement from the spacious living areas to the well-appointed bedrooms. This unit comes complete with a large front and back yard, creating a perfect oasis for relaxation and entertaining. Rear Building: Top and Bottom Duplex Situated at the rear of the lot, each unit comprised of 1 bedroom and 1 bathroom. These renovated units offer comfortable living spaces and the added convenience of individual laundry facilities on-site. The duplex units are blessed with a generous yard space, affording residents the luxury of outdoor enjoyment and the prime opportunity for pets. Located on a corner lot, this triplex benefits from dual access points. The duplex can be conveniently accessed from Elden Ave driveway, while the front house enjoys direct driveway access from Cecil Pl. The East Side Costa Mesa locale is renowned for its charming ambiance, tree-lined streets, and proximity to an array of amenities. Residents can relish easy access to local shops, restaurants, parks, and top-rated schools, enhancing the appeal of this already highly desirable property. As a unique bonus, this triplex offers significant potential for future expansion and added value. With the generous lot size, there is ample room to accommodate an ADU (Accessory Dwelling Unit) in between both buildings, providing a chance to increase rental income or accommodate extended family members while further enhancing the property's overall value. Whether you are seeking a lucrative investment opportunity or a place to call home, this property promises versatility, modern amenities, and a prime location.
Presented By: Tyler Rogina with Compass; 562-999-1885

Interior Features for 150 Cecil Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringVinyl
Heating Y/NNo
Laundry FeaturesCommonArea, LaundryCloset, LaundryRoom
Street SuffixPlace
Total Stories2

Other Rooms

Entry Level1

General for 150 Cecil Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.0
Carport Spaces2.0
Carport Y/NYes
CityCosta Mesa
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingNone
CountyOrange
Days on Market127
DirectionsCecil place and Elden Ave
Electric Expense1500.0
Entry Location1
Expected Active Date 2023-11-01
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income10000.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1875.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet8712.0
MLS AreaC5 - East Costa Mesa
MobileHomeRemainsYNNo
Net Operating Income87896.0
New ConstructionNo
Operating Expense32104.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameCecil
Tax Lot41
Taxes$24,145
Tenant PaysAllUtilities
Total Units3
Trash Expense0.0
View Y/NNo
Water Sewer Expense1164.0
Waterfront Y/NNo
Year Built1947
Year Built SourceAssessor

Exterior for 150 Cecil Place

Building Area Total2280.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, Lawn, Landscaped, StreetLevel
Lot Size Acres0.2
Lot Size Area8712.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,165,000
MLS#PW23198880
List Date 10/25/2023
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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