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129 Clearbrook Lane, Costa Mesa, CA 92626
$1,285,000
129 Clearbrook Lane, Costa Mesa, CA 92626View this property at 129 Clearbrook Lane, Costa Mesa, CA 92626
129 Clearbrook LaneCosta MesaCA92626
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Property Description
Rare opportunity to acquire a well-maintained, single-level duplex with chic curb appeal in the heart of Costa Mesa. First time on the market in over 43 years. These bungalow-style units consist of one 2-Bedroom unit and one 1-Bedroom unit. Located at the end of a cul-de-sac on a tree-lined street, the property exudes character and charm. Each unit offers exposed wood beam ceilings, large living rooms, spacious master bedrooms and sizable private patios. The two-bedroom unit also enjoys a cozy fireplace, walk-in closet, dual vanities and laundry. There are three garages that can be rented out separately to generate additional income, along with ample off-street private parking at the rear of the property. Excellent long-time tenants are currently month-to-month and would like to renew their leases. Current rents are below market with upswing potential. Great opportunity for an owner/user or for an investor to add value and increase GSI. Tenant demand is very strong due to the location and the uniqueness of the property. Stroll to OCC, Vanguard University, Orange County Fairgrounds, and Costa Mesa City Hall. Just minutes from local beaches, Triangle Square, 17th Street shops & restaurants, South Coast Plaza and UC Irvine. Easy Freeway access to the 405, 55, and 73. Drive by and see the potential. Please do not disturb tenants.
The adjacent Triplex located at 131 Clearbrook is also available for purchase.
Full Property Details
Full Property Details for 129 Clearbrook Ln
General
- Sold For: $1,285,000
- Status: Closed
- Type: Multi-Family
- MLS ID: NP21252326
- Added to Site: 904 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
- Interior Features: Beamed Ceilings, Ceiling Fan(s)
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Range
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: Built-In Storage, Garage, Garage Faces Rear, Garage (Single Door), Garage (Two Doors), Off-Street, Parking Space, Private
- Parking: Built-In Storage, Garage, Garage Faces Rear, Garage (Single Door), Garage (Two Doors), Off-Street, Parking Space, Private
Location
- Area: C4 - Central Costa Mesa
- County: Orange
- Development Name: C4 - Central Costa Mesa
- Driving Directions: North on Fair, left on Vanguard Way, right on Clearbrook Lane.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Bungalow
- Roof: Composition
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,853
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Courtyard, Neighborhood
- Lot Size (Acres): 0.18
- Lot Size Source: Assessor
- Lot Description: Cul-de-Sac, Level with Street, Level, Sprinklers in Front, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $693.47
- Price Per Unit: 649500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Compass, Brad Hinman and Compass, Jennifer Stock
Sold by Compass, Michael Taormina
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Schools
Schools serving 129 Clearbrook Ln
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2380 Notre Dame Rd, Costa Mesa, CA 92626 | K-6 | 0.3 mi | |
2650 Fairview Rd, Costa Mesa, CA 92626 | 7-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 129 Clearbrook Ln
Date
Details
Price
Change
Source
1/03/2022
Sold
$1,285,000
-1.08%
MLS
12/01/2021
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
129 Clearbrook Lane, Costa Mesa, CA 92626 (MLS# NP21252326) is a Multi-Family property that was sold at $1,285,000 on January 03, 2022. Want to learn more about 129 Clearbrook Lane? Do you have questions about finding other Multi-Family real estate for sale in Costa Mesa? You can browse all Costa Mesa real estate or contact a Coldwell Banker agent to request more information.