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120 Lisa Lane — photo 1
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Units

3

Building Size

3,148 sf

Lot Size

6,053 sf

Status

Active

Listing Agent: Rick Applebaum, Morgan Skenderian

Costa Mesa

120 Lisa Lane

About This Property

120 Lisa Lane presents a rare opportunity to acquire a well-positioned triplex in highly desirable Eastside Costa Mesa, just minutes from Newport Bluffs. Offered for the first time in more than 13 years, the property features a highly attractive unit mix consisting of one 3BR/2BA unit and two 2BR/1BA units, appealing to a broad tenant base of families and professionals. Each unit offers desirable amenities, including washer/dryer hookups, private patios or balconies, while the four-car garage provides valuable off-street parking and additional tenant convenience. Situated at the end of a quiet cul-de-sac, the property offers an added level of privacy and a residential feel that further enhances its tenant appeal. With approximately 25% in rental upside, 120 Lisa Lane offers investors the opportunity to acquire a well-maintained asset with strong in-place fundamentals and meaningful value-add potential in one of Costa Mesa’s most sought-after submarkets.

Unit Mix

  • 1 unit · 3bd / 2ba
  • 2 units · 2bd / 1ba

Neighborhood

This property is located in Costa Mesa. Want to learn more about the area?

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Asking Price

$2,325,000

Est. Monthly Payment

$14,856/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Rick Applebaum

Morgan Skenderian