Turnkey Eastside Costa Mesa Two Homes on one Lot in Prime Location, walking distance to Triangle Square, 17th Street Restaurants, Grocery Stores, Salons, Newport Beach Schools, and only 1.7 miles to Newport Beach Harbor. This investment opportunity affords the new owner extremely low maintenance, desirable finishes for excellent rental rates, and upgraded mechanical systems. The property has gone through two phases of development. Unit A - the original main house was one bedroom and one bath before adding dual master suites in 2020. It is now 3 bedrooms and 3 walk-in showers which makes the home ideal for room-share or multi-adult households. The kitchen, flooring, bathrooms, windows, have all be replaced/upgraded, including partial siding replacement, and a 2020 roof. This unit currently utilizes the detached two car garage and has shared common area outdoor space. Unit B - 2022 new construction second story one bedroom one bath with full size kitchen, family room and in-unit laundry. This unit is permitted as an Accessory Dwelling Unit with separate address, laundry, storage room, fully paid solar panels, separate electric meter, separate gas meter, and shared water meter. The two units are entirely detached. Both units have all appliances includi
MLS #
CRPW22111293
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Appliances
Dishwasher, Microwave, Oven Range - Gas, Refrigerator
Cooling
Central Forced Air
Heating
Central Forced Air, Forced Air
Roof
Composition
Pool
None
Style
Craftsman
Garage/Parking
Garage, Garage: 2 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 2 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 462 | – | 0/0 | – |
2 | 1,277 | – | 0/0 | – |
118 Magnolia St is a Duplex in Costa Mesa, CA 92627. This – square foot property sits on a 4,028 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,825,000 and was built in 2020.
This address can also be written as 118 Magnolia St, Costa Mesa, CA 92627.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of August 05, 2022. For the most current information, please contact Chasin Prather, (657) 282-1877