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
$1,695,000
  • - Beds
  • - Baths
  • 2,528 sq. ft.
  • Multi-family
  • Active
Listed by: melissa wiesen
Office: exp realty of california inc
MLS#:OC25244034
Source:CRMLS

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$670.49

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:58 day(s) ago
  • Updated:December 18, 2025 at 02:28 PM

Rooms and interior

  • Living area:2,528 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:2,528 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$670.49
Based on information from California Regional Multiple Listing Service, Inc. as of December 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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