3094 Coral Avenue, Costa Mesa, CA 92626

$1,320,000

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Sold Price
$1,320,000
List Price
$1,349,999
Closing Date
Nov 21, 2024
Status
CLOSED
MLS#
OC24204033
Year Built
1970
Lot Size
6,970
Acres
0.16
Lot Location
0-1 Unit/Acre, Corner Lot, Lawn, Near Park, Sprinkler System
Days on Market
9
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Mesa Verde Residential Income (Mvri)

Property Description

Welcome to this exceptional duplex located on the corner of 3094 Coral Ave in the highly sought after Mesa Verde neighborhood of Costa Mesa. First time on the market, this multi-family property offers a unique investment opportunity with its prime location directly across from Smallwood park, one of the most family friendly parks in all of Costa Mesa and potential for high returns. This duplex has a total of 2,634 square feet, with a layout that includes a large 3 bedroom, 2 bathroom front unit with park views, attached two car garage, AC and a spacious 2 bedroom, 1.5 bathroom back unit. As you enter the front unit, you'll notice the expansive living area with a fireplace to cozy up too, a nice sized kitchen, and a large master bedroom and bath. The back unit also includes an attached two-car garage and features laminate flooring throughout, offering a modern and clean aesthetic. Both units are equipped with air conditioning, ensuring comfort during warm Southern California days. Both units have a private patio area, perfect for outdoor relaxation and entertainment. The exterior of the property is equally impressive, featuring well-manicured landscaping that enhances its curb appeal. The corner lot provides plenty of outdoor space, perfect for tenants who enjoy spending time outside. The lush greenery and mature trees add to the serene ambiance, making it a desirable place to live. Located in the heart of Mesa Verde, this property benefits from its proximity to a variety of neighborhood amenities. Residents will enjoy easy access to an array of dining options, shopping centers, and recreational facilities. The Mesa Verde neighborhood is known for its friendly community atmosphere, community events making this a great place to call home. Nearby points of interest include the Mesa Verde Country Club, offering premier golf and social experiences, and the South Coast Plaza, a world-class shopping destination. The property is also conveniently located near major freeways, making commuting to other parts of Orange County a breeze. Whether you’re an investor looking for a solid rental property or a family seeking a new home, 3094 Coral Ave presents a unique opportunity to own a piece of Mesa Verde’s prime real estate.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$52,152
Operating Expense
6620

Listing courtesy of Listing Agent: Jim Daly (jimd@theL3.com) from Listing Office: The L3.

Listing sold by Jim Daly from The L3

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Calculator source: Real Geeks

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.