150 Cecil Pl, Costa Mesa, CA 92627
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150 Cecil Pl Costa Mesa, CA 92627

$2,165,000
  • 4 Beds
  • 3.25 Baths
  • 2,280 Sq.Ft.
For Sale
$2,165,000 Get Pre-Qualified

Map preview of 150 Cecil Pl, Costa Mesa, CA 92627

Property Overview: 150 Cecil Pl Costa Mesa, CA has 4 bedrooms, 3.25 bathrooms, 2,280 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this rare opportunity to own a Triplex comprising two buildings nestled on an expansive 8,500+ SF Corner Lot in the highly sought-after East Side Costa Mesa neighborhood. This property presents an ideal combination of modern upgrades, convenience, and the potential for future growth, making it a must-see for investors and homeowners alike. Front Unit: 2 Bed, 2 Bath Standalone SFR The front unit of this triplex is a beautifully renovated 2-bedroom, 2-bathroom home that exudes warmth and comfort. Offering the privacy of a standalone single-family residence, this dwelling boasts an inviting interior that has undergone extensive renovations, providing a contemporary and stylish living space. The thoughtful layout allows for seamless movement from the spacious living areas to the well-appointed bedrooms. This unit comes complete with a large front and back yard, creating a perfect oasis for relaxation and entertaining. Rear Building: Top and Bottom Duplex Situated at the rear of the lot, each unit comprised of 1 bedroom and 1 bathroom. These renovated units offer comfortable living spaces and the added convenience of individual laundry facilities on-site. The duplex units are blessed with a generous yard space, affording residents the luxury of outdoor enjoyment and the prime opportunity for pets. Located on a corner lot, this triplex benefits from dual access points. The duplex can be conveniently accessed from Elden Ave driveway, while the front house enjoys direct driveway access from Cecil Pl. The East Side Costa Mesa locale is renowned for its charming ambiance, tree-lined streets, and proximity to an array of amenities. Residents can relish easy access to local shops, restaurants, parks, and top-rated schools, enhancing the appeal of this already highly desirable property. As a unique bonus, this triplex offers significant potential for future expansion and added value. With the generous lot size, there is ample room to accommodate an ADU (Accessory Dwelling Unit) in between both buildings, providing a chance to increase rental income or accommodate extended family members while further enhancing the property's overall value. Whether you are seeking a lucrative investment opportunity or a place to call home, this property promises versatility, modern amenities, and a prime location.

Listed by Tyler Rogina | BRE #01925584 | Compass
Last checked: 8 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 125
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Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Triplex
Status
Active
MLS#
PW23198880
City
Costa Mesa
County
Orange
Time on Site
184 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $87,896
  • Gross Operating Income: --
  • Vacancy Allowance: $2,400
Annual Expense Breakdown
  • Total Operating Expense: $32,104
  • Electric: $1,500
  • Gas/Fuel: $0
  • New Taxes: $24,145
  • Trash: $0
  • Gardener: $1,020
  • Insurance: $1,875
  • Water/Sewer: $1,164

Open Houses for 150 Cecil Pl

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Property Details for 150 Cecil Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Common Area, In Closet, Individual Room
Room Information
  • Flooring: Vinyl
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 42606301
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cecil place and Elden Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Costa Mesa Agent

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Sale History for 150 Cecil Pl

Last sold on August 29th, 1986
  • November, 2023

  • Nov 1, 2023

    Date

    Active

    CRMLS: PW23198880

    $2,195,000

    Price

  • August, 1986

  • Aug 29, 1986

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 150 Cecil Pl

Assessed Value (2020): $273,866
Year Land Value Improved Value Assessed Value
2020 $194,445 $79,421 $273,866

Home Value Compared to the Market

This property vs the competition

150 Cecil Pl is listed 60.37% higher than the median list price for the city of Costa Mesa which has a median list price of $1,350,000. The median price per/sqft for Costa Mesa is $782 and this home is listed at $949.56 per/sqft which puts the price per square foot 21.43% higher than the median price per square foot for the city of Costa Mesa.

About 150 Cecil Pl

Detailed summary of property

150 Cecil Pl is a triplex located in Costa Mesa, CA 92627 and is currently for sale. This triplex offers 4 bedrooms, 3.25 bathrooms, roughly 2,280 living square feet, and sits on an approximately 8,712 square foot lot. 150 Cecil Pl was first listed on ArdentRealEstateGroup.com on October 25, 2023. The homeowner is currently asking $2,165,000 and was originally asking $2,195,000. The median priced home in Costa Mesa is $1,350,000 with a median price per square foot of $782. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 60.37% higher than the median priced home. Local competing homes currently for sale include 280 E 16th St., 734 Center St and 734 Center St. While the average home in Costa Mesa, CA is selling in 30 days, 150 Cecil Pl has a days on market of 125 days. There are currently 102 homes for sale in the Costa Mesa real estate market and 73 of them are single family homes while 15 of them are condos and 14 are townhomes. For more information on this home for sale at 150 Cecil Pl Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 150 Cecil Pl

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
2,280
Lot Size
8,462
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
41
APN
426-063-01

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,350,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
52
Median Sale to List Price %
103.85%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (31.82%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.