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386 Woodland Place

Costa Mesa, CA 92627

– beds
– baths
– sqft
6,098 sqft lot
1970 build
– on site

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Discover a remarkable investment opportunity in Eastside Costa Mesa situated in a prime cul de sac location. This triplex not only boasts an appealing unit mix that ensures a consistent stream of income but also offers abundant outdoor entertaining spaces, individual garages and a separate laundry facility. The ground-level unit features three spacious bedrooms, two bathrooms, and an inviting open-concept layout complemented by a cozy fireplace. This unit also offers exclusive access to a private patio that stretches across the width of the building, providing a serene outdoor retreat. Ascending to the second level, you'll find two generously sized two-bedroom units with one bathroom each, perfect for accommodating a variety of tenant preferences. For savvy investors seeking to maximize their returns, this property is strategically positioned just a stone's throw away from all of the conveniences of 17th Street, award winning schools, world-class shopping and dining destinations such as South Coast Plaza and Fashion Island. Furthermore, its proximity to John Wayne Airport and the renowned beaches of the Newport Peninsula adds to its allure.

Listed By CRMLS_CA / Matt Perry / Arbor Real Estate

Last checked: Checking… • Last updated Nov 10, 2023 •

MLS# LG23179640 —

The Building

Year Built:

1970
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame, Stucco, Wood Siding
Building Area Total:

3396.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

2
Architectural Style:

Traditional
Roof:

Composition, Mansard
Foundation:

Slab
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Features:

Formica Counters, Living Room Balcony, Open Floorplan
Levels:

Two
Entry Location:

1
Door Features:

Mirror Closet Door(s), Sliding Doors
Window Features:

Blinds, Screens
Flooring:

Carpet, Laminate, Tile
Room Type:

Galley Kitchen, Kitchen, Laundry, Main Floor Bedroom, Walk-In Closet
Fireplace:

Yes
Fireplace:

Living Room, Gas
Laundry:

Electric Dryer Hookup, Individual Room, Washer Hookup
Laundry:

1

Location

Directions:

From Tustin Avenue north, left turn onto Woodland Place
Latitude:

33.64029300
Longitude:

-117.90330800

The Property

Property Type:

Residential Income
Subtype:

Triplex
Lot Features:

0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, Yard
Lot Size Area:

6098.0000
Lot Size Acres:

0.1400
Lot Size SqFt:

6098.00
Lot Size Source:

Assessor
Fencing:

Wood
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

631.03
Tax Tract:

PM3...
Tax Lot:

3

The Listing

Special Listing Conditions:

Trust
Parcel Number:

42623204

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Electricity - On Property
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Range, Gas Cooktop, Microwave
Included:

Yes

The Community

Subdivision:

Eastside Central (ECCM)
Subdivision:

Eastside Central (ECCM)
Features:

Curbs, Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage, Garage - Single Door
Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/9/23 Nov 9, 2023	Price Changed	CRMLS_CA	$1,949,000	-90.0%
11/8/23 Nov 8, 2023	Sold	CRMLS_CA	$19,490,000	900.0%
11/2/23 Nov 2, 2023	Pending	CRMLS_CA	$1,949,000

Multifamily Sold on 11/8/2023

$1,949,000

Listing provided by broker:

Matt Perry

Arbor Real Estate

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Listing Courtesy of: CRMLS_CA and Arbor Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 09:11 on May 11.

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.

386 Woodland Place

Costa Mesa, CA 92627