117 Clearbrook Lane, Costa Mesa, CA 92626

Local realty services provided by:ERA North Orange County Real Estate
117 Clearbrook Lane,Costa Mesa, CA 92626
$1,655,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: melissa wiesen949-887-6644
Office: exp realty of california inc
MLS#:OC25244034
Source:CAREIL

Price summary

  • Price:$1,655,000

About this home

See the property video for more information. Discover a rare triplex investment opportunity in Costa Mesa offering stable income, below-market rents, and long-term upside potential. Ideally located across from the OC Fairgrounds and Vanguard University, this property attracts consistent tenant demand year-round from students, professionals, and event traffic. The property features three well-maintained units—two 1-bedroom residences and one 2-bedroom, 1-bath home—each with its own private laundry, fenced outdoor area, and single-car garage. The 2-bedroom unit has been updated with modern finishes, while the other two offer immediate rental growth potential through light cosmetic improvements. Situated on a 7,841-square-foot lot with separate gas and electric meters, this triplex delivers low operating expenses and strong future returns. Current gross income is approximately $95,000 annually, with market rents projected to exceed $100,000+ based on nearby comparable properties.

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Home facts

  • Year built:1964
  • Listing ID #:OC25244034
  • Added:110 day(s) ago
  • Updated:February 10, 2026 at 05:13 PM

Structure and exterior

  • Year built:1964
  • Lot area:0.18 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,655,000
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