3098 Coral Avenue, Costa Mesa, CA 92626

$2,130,000

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Sold Price
$2,130,000
List Price
$2,174,999
Closing Date
Sep 03, 2025
Status
CLOSED
MLS#
SW25168283
Year Built
1969
Lot Size
8,712
Acres
0.20
Lot Location
Back Yard, Front Yard, Lawn
Days on Market
4
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Incredible investment opportunity in the heart of Costa Mesa! This property is a spacious fourplex offering a total of 9 bedrooms, 8 bathrooms, and approximately 4,966 square feet of living space. The front unit is a 3-bedroom, 2-bathroom residence featuring its own front yard, private backyard, and ideal separation from the other units, perfect for an owner-occupant or premium rental. Tucked behind the main home are three well-maintained 2-bedroom, 2-bathroom units, each with great layouts and individual garages. The property also includes additional parking in both the front and back of the building, providing convenience for all tenants. Located directly across from a community park with a playground, basketball court, baseball field, and picnic areas, this location is perfect for enjoying Costa Mesa’s amazing weather and lifestyle. Whether you’re looking to live in one unit and rent the rest, or seeking a solid addition to your investment portfolio, this fourplex offers rental income and long-term upside in one of Orange County’s most desirable rental markets.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Interior Features
Balcony
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$102,500
Operating Expense
24852

Listing courtesy of Listing Agent: Rory Ellis (Rory@OwnAndProsper.com) from Listing Office: Prosper Real Estate.

Listing sold by Rory Ellis from Prosper Real Estate

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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.