Costa Mesa, CA 92626 3094 Coral Avenue
$1,349,999
43 more
Presented By: Jim Daly with The L3; 714-292-7869
Home Details
Welcome to this exceptional duplex located on the corner of 3094 Coral Ave in the highly sought after Mesa Verde neighborhood of Costa Mesa. First time on the market, this multi-family property offers a unique investment opportunity with its prime location directly across from Smallwood park, one of the most family friendly parks in all of Costa Mesa and potential for high returns. This duplex has a total of 2,634 square feet, with a layout that includes a large 3 bedroom, 2 bathroom front unit with park views, attached two car garage, AC and a spacious 2 bedroom, 1.5 bathroom back unit. As you enter the front unit, you'll notice the expansive living area with a fireplace to cozy up too, a nice sized kitchen, and a large master bedroom and bath. The back unit also includes an attached two-car garage and features laminate flooring throughout, offering a modern and clean aesthetic. Both units are equipped with air conditioning, ensuring comfort during warm Southern California days. Both units have a private patio area, perfect for outdoor relaxation and entertainment. The exterior of the property is equally impressive, featuring well-manicured landscaping that enhances its curb appeal. The corner lot provides plenty of outdoor space, perfect for tenants who enjoy spending time outside. The lush greenery and mature trees add to the serene ambiance, making it a desirable place to live. Located in the heart of Mesa Verde, this property benefits from its proximity to a variety of neighborhood amenities. Residents will enjoy easy access to an array of dining options, shopping centers, and recreational facilities. The Mesa Verde neighborhood is known for its friendly community atmosphere, community events making this a great place to call home. Nearby points of interest include the Mesa Verde Country Club, offering premier golf and social experiences, and the South Coast Plaza, a world-class shopping destination. The property is also conveniently located near major freeways, making commuting to other parts of Orange County a breeze. Whether you’re an investor looking for a solid rental property or a family seeking a new home, 3094 Coral Ave presents a unique opportunity to own a piece of Mesa Verde’s prime real estate.
Presented By: Jim Daly with The L3; 714-292-7869
Interior Features for 3094 Coral Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories1
Other Rooms
Entry Level1
General for 3094 Coral Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate2.5
Carport Y/NNo
CityCosta Mesa
Community FeaturesBiking, Curbs, DogPark, Golf, Gutters, Hiking, StormDrains, StreetLights, Sidewalks, WaterSports, Park
ContingencyBuyer and/or their agent to verify any pertinent information such as permits, square footage, etc. The information in this listing is furnished by the owner and deemed reliable to the best of his/her k
CoolingCentralAir
CountyOrange
DirectionsSouth on Harbor, right on Nutmeg, Right on Mace, left on Wintergreen, right on Coral
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2024-10-02
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income52152.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6970.0
Lot Size UnitsSquareFeet
MLS AreaC1 - Mesa Verde
MobileHomeRemainsYNNo
Net Operating Income45532.0
New ConstructionNo
NumberOfUnitsTotal2
Open Parking Spaces2.0
Operating Expense6620.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Subdivision NameMesa Verde Residential Income (MVRI)
Tax Lot1
Tenant PaysCableTv, Electricity, Gas
TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031
Trash Expense0.0
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1970
Year Built SourceAssessor
Exterior for 3094 Coral Avenue
Building Area Total2634.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, CornerLot, Lawn, NearPark, SprinklerSystem
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480