Costa Mesa, CA 92627 2048 Garden Lane
$2,995,000
36 more
Presented By: Christopher Maddy with Pacific Sotheby's Int'l Realty; 949-294-5408
Baths • 1
SQFT • 3,355
Garage • 4
Home Details
We are pleased to present the sale of 2048 Garden Lane, a well-maintained three-unit multifamily property ideally situated in the highly desirable Eastside Costa Mesa neighborhood. The front unit is a detached single-family residence featuring three bedrooms, two bathrooms, a spacious private backyard, and an attached two-car garage. The rear duplex consists of two 2-bedroom, 1-bathroom units, each offering private yard or patio space and its own single-car garage. All three units were extensively remodeled circa 2015 and showcase modern upgrades throughout, including dual-pane windows, recessed lighting, laminate flooring, quartz countertops, stainless steel appliances, white shaker cabinetry, and custom-tiled showers. Each unit is separately metered for gas and electricity and includes laundry hookups in the garage. This rare investment opportunity is located in one of Orange County’s most sought-after neighborhoods, offering close proximity to parks, beaches, top-rated schools, and the vibrant dining, shopping, and lifestyle amenities along 17th Street.
Presented By: Christopher Maddy with Pacific Sotheby's Int'l Realty; 949-294-5408
Interior Features for 2048 Garden Lane
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringLaminate
Laundry FeaturesIn Garage
Total Stories2
Other Rooms
Entry Level1
General for 2048 Garden Lane
Additional Parcels Y/NNo
AppliancesDishwasher, Gas Cooktop
Building Area UnitsSquare Feet
CityCosta Mesa
Community FeaturesBiking, Curbs, Sidewalks
ContingencyBuyer to cooperate with sellers 1031 Exchange
CoolingNone
CountyOrange
Directions21st Street to Garden lane
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income138540
Insurance Expense3200
Land Lease Y/NNo
LevelsTwo
Listing Terms1031 Exchange
Lot Size Square Feet9405
Lot Size UnitsSquare Feet
MLS AreaC5 - East Costa Mesa
MaintenanceExpense3000
Net Operating Income91581
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense41348
Pool FeaturesNone
PostalCityCOSTA MESA
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition, Flat
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Subdivision NameEastside Central (ECCM)
Tax Lot6
Taxes$31,448
Tenant PaysElectricity, Gas
Trash Expense0
ViewNone
Water Sewer Expense1600
Year Built1969
Year Built SourceAssessor
Exterior for 2048 Garden Lane
Building Area Total3355
Lot FeaturesBack Yard, Front Yard, Landscaped, Sprinkler System
Lot Size Acres0.2159
Lot Size Area9405
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking4
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®