3131 Coral, Costa Mesa, CA 92626

$1,999,888
5
BD
4
BA

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List Price
$1,999,888
Days on Market
0
Status
COMING SOON
MLS#
PW26225727
Bedrooms
5
Bathrooms
4
Lot Size(apprx.)
8,712
City
Costa Mesa
Property Type
Multifamily

Property Description

RARE OWNER-OCCUPANT DUPLEX OPPORTUNITY IN NORTH COSTA MESA! Welcome to 3131 Coral Ave, a premier multi-family asset offering the ultimate live-in investment setup on an expansive 8,700+ sq. ft. lot. The primary residence has just undergone a massive, complete modern remodel featuring a brand-new kitchen with custom cabinetry, sleek new flooring, and designer paint throughout. This 3 Bedroom, 2 Bathroom main house functions like a standalone single-family home, opening up to a private backyard oasis complete with a sparkling pool, spa, and oversized yard space. The independent secondary unit offers 2 Bedrooms and 2 Bathrooms, ideal for generating top-tier rental income to significantly offset your monthly mortgage in today's interest rate environment. Peace of mind comes standard with a brand-new roof covering the entire building, fully prepped and ready for El Nio winter rains! Located in the desirable "Spice Streets" neighborhood of Central Costa Mesa (C4/Mesa Verde Residential Income area), just minutes from South Coast Plaza, top-rated schools, parks, and 405/55/73 freeways. Whether you are an owner-occupant looking for a turn-key private pool home while your tenant pays down your loan, or an investor seeking a fully updated trophy asset, this property delivers unmatched versatility and value. RARE OWNER-OCCUPANT DUPLEX OPPORTUNITY IN NORTH COSTA MESA! Welcome to 3131 Coral Ave, a premier multi-family asset offering the ultimate live-in investment setup on an expansive 8,700+ sq. ft. lot. The primary residence has just undergone a massive, complete modern remodel featuring a brand-new kitchen with custom cabinetry, sleek new flooring, and designer paint throughout. This 3 Bedroom, 2 Bathroom main house functions like a standalone single-family home, opening up to a private backyard oasis complete with a sparkling pool, spa, and oversized yard space. The independent secondary unit offers 2 Bedrooms and 2 Bathrooms, ideal for generating top-tier rental income to significantly offset your monthly mortgage in today's interest rate environment. Peace of mind comes standard with a brand-new roof covering the entire building, fully prepped and ready for El Nio winter rains! Located in the desirable "Spice Streets" neighborhood of Central Costa Mesa (C4/Mesa Verde Residential Income area), just minutes from South Coast Plaza, top-rated schools, parks, and 405/55/73 freeways. Whether you are an owner-occupant looking for a turn-key private pool home while your tenant pays down your loan, or an investor seeking a fully updated trophy asset, this property delivers unmatched versatility and value.

Additional Information

Cooling
None
Lot Size
8,712
Roof
Composition
Tenant Pays
Electricity, Gas/Propane

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kurt Galitski (714-957-6677) from Listing Office: Coldwell Banker Realty.

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