CA > Costa Mesa
Costa Mesa, CA 92626,117 Clearbrook Lane
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Costa Mesa, CA 92626,117 Clearbrook Lane
Costa Mesa, CA 92626,117 Clearbrook Lane
Costa Mesa, CA 92626,117 Clearbrook Lane
Costa Mesa, CA 92626,117 Clearbrook Lane
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Melissa Wiesen • eXp Realty of California Inc
$ 1,695,000
Est. payment /mo
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Active

117 Clearbrook Lane Costa Mesa, CA 92626

2,528 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Triplex

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,528 sqft

Price per Sqft $670

MLS Listing ID CROC25244034

HOA Y/N No

Year Built 1964

Lot Size 7,841 Sqft

Property Sub-Type Triplex

Source Datashare California Regional

Property Description

See the property video for more information. Discover a rare triplex investment opportunity in Costa Mesa offering stable income, below-market rents, and long-term upside potential. Ideally located across from the OC Fairgrounds and Vanguard University, this property attracts consistent tenant demand year-round from students, professionals, and event traffic. The property features three well-maintained units-two 1-bedroom residences and one 2-bedroom, 1-bath home-each with its own private laundry, fenced outdoor area, and single-car garage. The 2-bedroom unit has been updated with modern finishes, while the other two offer immediate rental growth potential through light cosmetic improvements. Situated on a 7,841-square-foot lot with separate gas and electric meters, this triplex delivers low operating expenses and strong future returns. Current gross income is approximately $95,000 annually, with market rents projected to exceed $100,000+ based on nearby comparable properties. Perfect for investors seeking passive income in Orange County or those completing a 1031 Exchange, 117 Clearbrook Ln combines prime location, dependable tenants, and opportunity for value-add appreciation. Explore options for ADU conversion, or long-term hold in one of Costa Mesa's most central neighborhood

Location

State CA

County Orange

Interior

Cooling No Air Conditioning

Fireplace No

Laundry Other

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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