150 Cecil Place

Costa Mesa, CA 92627

$2,125,000
Last Sold Price
4
Beds
4
Baths
2,280 Sq. Ft.
$932 / Sq. Ft.
2,280
Sq. Ft.
$932
per Sq. Ft.

Description

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
...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.

Listing Agent

  1. Tyler Rogina

    Tyler Rogina

    Listing Agent

    Compass

    DRE #01925584

    tyler.rogina@compass.com

    P: (562)-999-1885

Property Details for 150 Cecil Place

Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2280
Assessor Parcel Number
426-063-01
LISTING UPDATED: 06/17/2024 04:56 AM

Property Details for 150 Cecil Place

StatusClosed
MLS #PW23198880
Days on Market165
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.20 AC / 8,712 SF
CountyOrange County
Buyer's Agent Compensation2.5%

Building Information for 150 Cecil Place

Stories2Year Built1947Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 150 Cecil Place

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $10,000
  • Gross Scheduled Income: $120,000
  • Vacancy Allowance: 2400
  • Vacancy Allowance Rate: 2
  • Net Operating Income: $87,896
  • Cap Rate: 4.0
  • Financing: Cash
Expense Details
  • Operating Expense: $32,104
  • New Taxes Expense: $24,145
  • Gardener Expense: $1,020
  • Fuel Expense: $0
  • Electric Expense: $1,500
  • Insurance Expense: $1,875
  • Trash Expense: $0
  • Water Sewer Expense: $1,164
  • Total Expenses: $29,704
Tax / Assessment Info
  • Tax Tract Number: 114
  • Tax Census Tract: 632.01
  • CFD/Mello-Roos Fee: $2,034
  • Tax Lot: 41
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, In Closet, Individual Room
  • Cooling: None
  • Flooring: Vinyl
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn, Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Disposal: 3

Property History for 150 Cecil Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 150 Cecil Place

Taxable ValueLand$1,445,453Additions$84,547Total$1,530,000
Tax Record2024$18,570 ($1,547 / month)
Home Facts
Total Finished SqFt2,280 SqFtAbove Grade Finished SqFt2,280 SqFtLot Size8,511 SqFtStyleTriplexYear Built1947CountyORANGEAPN426-063-01

Schools near 150 Cecil Place

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 2

Heinz Kaiser Elementary School
Public3 to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tyler Rogina, DRE #01925584

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.