3131 Coral, Costa Mesa, CA 92626
- $1,999,888
- List Price
- $1,999,888
- Status
- COMING SOON
- MLS#
- PW26225727
- Year Built
- 1970
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- Back Yard, Front Yard, Garden, Level, Near Park, Sprinkler System, Walkstreet, Yard
- Days on Market
- 1
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- Spice Streets
Property Description
RARE OWNER-OCCUPANT DUPLEX OPPORTUNITY IN NORTH COSTA MESA! Welcome to 3131 Coral Ave, a premier multi-family asset offering the ultimate live-in investment setup on an expansive 8,700+ sq. ft. lot. The primary residence has just undergone a massive, complete modern remodel featuring a brand-new kitchen with custom cabinetry, sleek new flooring, and designer paint throughout. This 3 Bedroom, 2 Bathroom main house functions like a standalone single-family home, opening up to a private backyard oasis complete with a sparkling pool, spa, and oversized yard space. The independent secondary unit offers 2 Bedrooms and 2 Bathrooms, ideal for generating top-tier rental income to significantly offset your monthly mortgage in today's interest rate environment. Peace of mind comes standard with a brand-new roof covering the entire building, fully prepped and ready for El Niño winter rains! Located in the desirable "Spice Streets" neighborhood of Central Costa Mesa (C4/Mesa Verde Residential Income area), just minutes from South Coast Plaza, top-rated schools, parks, and 405/55/73 freeways. Whether you are an owner-occupant looking for a turn-key private pool home while your tenant pays down your loan, or an investor seeking a fully updated trophy asset, this property delivers unmatched versatility and value.
Additional Information
- Appliances
- Dishwasher, Electric Oven, Gas Range, Water Heater
- Pool
- Yes
- Pool Description
- Filtered, Gas Heat, In Ground, Private
- Fireplace Description
- Gas, Living Room, Wood Burning
- Heat
- Central
- Cooling Description
- None
- View
- Pool
- Roof
- Composition, Flat, Mansard, Shingle, Synthetic
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Ceiling Fan(s), Open Floorplan, Quartz Counters, Storage, Attic, Bedroom on Main Level, Main Level Primary, Primary Suite
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $89,953
- Operating Expense
- 17768
Listing courtesy of Listing Agent: Kurt Galitski (Kurt@KurtRealEstate.Com) from Listing Office: Coldwell Banker Realty.
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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.