216 Monte Vista Avenue, Costa Mesa, CA 92627

$1,950,000

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Sold Price
$1,950,000
List Price
$2,000,000
Closing Date
May 08, 2024
Status
CLOSED
MLS#
NP24060786
Year Built
2006
Lot Size
6,534
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
12
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level, Two Levels
Neighborhood
Eastside Central (Eccm)

Property Description

Discover endless possibilities with this Eastside Costa Mesa gem! Featuring two charming Craftsman-style homes on one lot, this property offers versatility and opportunity galore. The front house, built in 2006, boasts a dual master 2 bed, 2.5 bath layout with designer touches throughout. Granite counters, stainless appliances, and beautiful stone flooring create a light and bright atmosphere that's truly a must-see. With an open floor plan and vaulted ceilings, this home exudes exquisite charm. Adjacent to the front residence, the separate rear 1 bed, 1 bath, plus den, house offers upgraded finishes, floors, and a spacious fenced backyard. Ideal for rental income or as a guest house, this rear home provides privacy and comfort. Each home includes its own garage, with additional off-street parking spaces available. The property also features a long driveway, perfect for RV parking. Conveniently located near Brentwood Park, Back Bay trails, retail shops, etc. Easy freeway access and just minutes from local beaches add to the appeal. Currently occupied by long-term tenants, on a month-to-month lease, this property presents various opportunities, from living in one unit and renting out the other to short-term rentals via platforms like VRBO (check with city). Potential for additional dwelling unit (ADU) and subdivision, subject to verification by the buyer with the city. The 2 structures currently get $4,180 for the front home and $3,244 for the back home. Don't miss out on this unique investment opportunity in a highly desirable neighborhood!

Additional Information

Appliances
Dishwasher, Freezer, Disposal, Gas Oven, Microwave
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Cathedral Ceiling(s), Granite Counters, High Ceilings, Pantry, Storage, Bar, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$89,094
Operating Expense
14800

Listing courtesy of Listing Agent: Branden Fella (fella@fellarealestate.com) from Listing Office: Coldwell Banker Realty.

Listing sold by Darece Quinlan from Quinlan Coastal Properties

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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.