Скачать или смотреть East Side Costa Mesa Duplex Income Property: How to Add Value

One of the things I love helping people do is invest in real estate. To help them find properties where value can be added to make the property worth more or bring in more income.

Here is an investment opportunity in the desirable Eastside Costa Mesa area that provides both living and rental income potential, with the ability to convert a 3rd rentable small studio into a full, large 3rd unit. This additional living space can offer even more rental income potential, making this property an even more attractive investment.

This property offers three separate units that can be rented out for steady monthly income, or you can choose to live in one unit while renting out the others. By renting out the second unit, you can generate enough income to help cover your mortgage expenses, potentially allowing you to own the property for less than the cost of a single-family home.

This property also includes a non-conforming studio that can easily be converted into a full ADU (Accessory Dwelling Unit) by combining the garage to the studio.

The front house boasts three spacious bedrooms and two bathrooms, along with wood flooring, central air conditioning, and private yard space. The other units include a 2 bedroom, 2 bath upper apartment over the 2-car garage and a studio.

This property is located in one of the most desirable rental markets in Orange County, with close proximity to top-rated schools, beaches, parks, and all the amenities 17th Street has to offer. Whether you are an investor looking to grow your portfolio or an owner-user seeking to live in one unit while generating strong income from the others, this multifamily property is a smart investment opportunity that should not be missed.

In summary, this multifamily property provides a rare opportunity to own a valuable investment property that can generate steady income and build long-term equity. With the potential to rent out both units and convert the non-conforming studio into a full ADU, this property is a must-see for anyone looking to invest in real estate in Orange County.

This home is listed by Tim Carr of the Tim Carr Group

Please reach out for any real estate questions or needs:
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