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INVESTOR OPPORTUNITY "” Discover a rare triplex in central Costa Mesa. Major fixer with long-term upside potential. Located walking distance to the OC Fairgrounds and Vanguard University, this property attracts consistent tenant demand year-round from students, professionals, and event traffic. The property features two 1-bedroom / 1-bath units, each with a detached 1-car garage, private fenced yard, and private laundry. The third unit is a 2-bedroom / 1-bath with a detached 2-car garage. Situated on a 7,841-square-foot lot with separate gas and electric meters. Based on comparables, potential gross income could reach approximately $99K per year once updated. Perfect for investors seeking passive income in Orange County or those completing a 1031 Exchange. Explore options for ADU conversion or a long-term hold in one of Costa Mesa's most central neighborhoods "” minutes from South Coast Plaza, John Wayne Airport, and Newport Beach. Prime location, dependable tenants, and real opportunity for value-add appreciation.
Property Type(s):
Single Family
| Last Updated | 5/15/2026 | Tract | N/A |
|---|---|---|---|
| Year Built | 1964 | Community | C4 - Central Costa Mesa |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher |
| AREA | C4 - Central Costa Mesa |
| FIREPLACE | Yes |
| GARAGE | Yes |
| INTERIOR | Master Downstairs |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Back Yard, Cul-De-Sac, Rectangular Lot |
| LOT DIMENSIONS | 7841 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | N/A |
| VIEW DESCRIPTION | None |
| WATER | Other |
Location
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Listed with Anvil Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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