2280 Pamela Lane, Costa Mesa, CA 92627
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Sold Price :
$1,550,000
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Beds :
6
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Baths :
5
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Property Size :
2,576 sqft
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Year Built :
1972
Property Description
Welcome to 2280 Pamela Lane, an exceptional coastal Orange County tri-plex. This property is conveniently located in the heart of the Newport-Mesa area with easy access to the world-class beaches of Newport and Huntington Beach, both just minutes away. This multi-family is also in close proximity to local schools, shopping, retail, top tier dining and entertainment options, as well as amazing parks with miles of bike and hiking trails. Located on a large 7,022 sq ft. corner lot with swaying palms and mature landscaping, this property gives off the vibe of a Hawaiian vacation home. It features an excellent unit mix of 3 spacious units. The front unit has #A) 3 bedrooms and 2 baths, with a large private patio and living room fireplace. Unit #B) 1 bedroom and 1 bath with an enclosed patio. Unit #C) 2 bedrooms and 2 baths with enclosed patio, and beamed vaulted ceilings. Each unit has a separate one car garage for storage or parking. There is also off-street parking for an additional 3-4 cars. The current long-term tenants are all on month-to-month leases renting at below market rates. The value-add opportunity is in renovating the units and bringing rents up to market rates. Strategic improvements would add significant value to this income property in this rapidly appreciating Costa Mesa submarket.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
6 |
Bathroom Information |
Bathrooms |
5 |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
2280 Pamela Lane |
City |
Costa Mesa |
State |
CA |
Zip |
92627 |
County |
Orange |
Listing Agent |
Kristian Gray DRE #02036365 |
Courtesy Of |
Keller Williams Beverly Hills |
Close Price |
$1,550,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
2,576 |
Lot Size |
7,022 |
Year Built |
1972 |
Listing information courtesy of: Kristian Gray, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 5:31 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.