117 Clearbrook Lane, Costa Mesa, CA 92626

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. Perfect … read more …