Costa Mesa, CA 92626,117 Clearbrook Lane
Costa Mesa, CA 92626,117 Clearbrook Lane
Costa Mesa, CA 92626,117 Clearbrook Lane
20
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$1,655,000
Est. payment /mo
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4 Beds
3 Baths
7,841 Sqft Lot
Price Dropped by $20K

117 Clearbrook Lane Costa Mesa, CA 92626

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Sam Dujowich

Sam Dujowich

+1(619) 862-0293

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25244034

Bedrooms 4

Lot Size 7,841 Sqft

Property Sub-Type Res Income 2-4 Units

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 unitstwo 1-bedroom residences and one 2-bedroom, 1-bath homeeach 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 Mesas most central neighborhoodsminutes from South Coast Plaza, John Wayne Airport, and Newport Beach. Highlights: Fully occupied triplex with strong tenant history Two 1-bed units + one 2-bed unit with modern upgrades Each unit includes private laundry & garage Excellent 1031 Exchange replacement property Near OC Fairgrounds, Vangu

Location

State CA

County Orange

Zoning Assessor

Direction Fair and Vanguard

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 41914119

Acceptable Financing Exchange

Listing Terms Exchange

MLS Router / San Diego MLS
Listed by Melissa Wiesen eXp Realty of California Inc

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Maude B. Davis Elementary School

    Public | KG - 6

  • 10

    Eastbluff Elementary School

    Public | KG - 6

  • 9

    Gisler (Robert) Elementary School

    Public | KG - 5

  • 9

    Killybrooke Elementary School

    Public | KG - 6

  • 8

    Newport Heights Elementary School

    Public | KG - 6

  • 8

    Mariners Elementary School

    Public | KG - 6

  • 8

    Jim Thorpe Fundamental

    Public | KG - 5

  • 8

    Kaiser Elementary School

    Public | 3 - 6

  • 7

    California Elementary School

    Public | KG - 6

  • 7

    Paularino Elementary School

    Public | KG - 6

  • 7

    Sonora Elementary School

    Public | KG - 6

  • 5

    Adams Elementary School

    Public | KG - 6

  • 5

    Pomona Elementary School

    Public | KG - 6

  • 5

    Greenville Fundamental Elementary School

    Public | KG - 5

  • 5

    Occs:Chep/Pchs

    Public | KG - 12

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 4

    Wilson Elementary School

    Public | KG - 6

  • 4

    College Park Elementary School

    Public | KG - 6

  • 3

    Whittier Elementary School

    Public | KG - 6

  • 2

    Taft Elementary School

    Public | KG - 6

Middle Schools 7
  • 10

    Corona Del Mar Middle and High School

    Public | 7 - 12

  • 7

    Ensign Intermediate School

    Public | 7 - 8

  • 5

    Costa Mesa Middle and High School

    Public | 7 - 12

  • 5

    Douglas Macarthur Fundamental Intermediate School

    Public | 6 - 8

  • 4

    Tewinkle Middle School

    Public | 7 - 8

  • 0

    Pacific Technology School Santa Ana

    Public | 6 - 12

  • 0

    California Pacific Charter School of San Diego

    Public | 6 - 12

High Schools 7
  • 9

    Early College High School

    Public | 9 - 12

  • 8

    Newport Harbor High School

    Public | 9 - 12

  • 6

    Estancia High School

    Public | 9 - 12

  • 6

    Segerstrom High School

    Public | 9 - 12

  • 2

    Monte Vista High School

    Public | 9 - 12

  • 0

    Coastline Regional Occupational Program

    Public | 9 - 12

  • 0

    Back Bay High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Sam Dujowich

Sam Dujowich

Realtor

+1(619) 862-0293

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117 Clearbrook Lane