Mesa Verde (C1) Homes with Quadruplex Subtype

Mesa Verde (C1) Homes with Quadruplex Subtype

Welcome to the vibrant community of Mesa Verde, nestled in the heart of Costa Mesa, California. Known for its lush landscapes and a strong sense of community, this charming neighborhood offers a perfect blend of suburban tranquility and urban convenience. Mesa Verde is renowned for its well-maintained parks, tree-lined streets, and an array of shopping, dining, and entertainment options, making it a coveted destination for families and professionals alike.

In Mesa Verde, you will find a unique opportunity with homes featuring the quadruplex subtype. These versatile properties are ideal for investors seeking to maximize rental income or for multi-generational families looking for spacious living arrangements. Each unit within a quadruplex typically offers separate entrances, kitchens, and living spaces, ensuring privacy while fostering a sense of community among residents.

Living in a quadruplex in Mesa Verde means enjoying the benefits of a bustling neighborhood while having the potential for rental income to offset your mortgage. The proximity to top-rated schools, parks, and recreational facilities enhances the appeal of these homes, making them a smart choice for both homeowners and investors.

With the stunning beaches of Newport and Huntington just a short drive away, along with easy access to major freeways, Mesa Verde is perfectly situated for those who appreciate the Southern California lifestyle. Explore the possibilities of owning a quadruplex in this desirable area and become part of the thriving Mesa Verde community!

Newest Mesa Verde (C1) Homes with Quadruplex Subtype

$1,999,900
V1-38449 MLS Active Status
Excellent opportunity to acquire a well-located four-unit investment property in the heart of Costa Mesa, offering an attractive combination of strong in-place rental income and meaningful future upside. With rents currently below projected market levels, the property provides an investor with the opportunity to increase income over time while benefiting from four established rental income streams. The desirable unit mix consists of one three-bedroom residence and three two-bedroom residences, providing larger and more versatile floor plans than many typical apartment investments. This mix appeals to a broad tenant base, including professionals, couples, families and those seeking additional space for a home office. Tenants pay their own gas and electricity, helping reduce the owner's exposure to rising utility costs. The property's central Costa Mesa location is a significant advantage. Residents enjoy convenient access to South Coast Plaza, South Coast Metro, Orange Coast College and John Wayne Airport, along with the employment, shopping, dining and entertainment opportunities found throughout Costa Mesa and neighboring Irvine. Newport Beach and Huntington Beach are also just minutes away, providing easy access to some of Orange County's most desirable coastal communities. Excellent freeway accessibility via the 405, 55 and 73 makes the property convenient for tenants working throughout Orange County. Costa Mesa's combination of employment, entertainment, shopping, education and proximity to the coast continues to make it a highly desirable rental market. For an investor seeking a smaller multifamily property with existing cash flow, multiple income streams and the potential for future rental growth, this property offers a compelling opportunity in one of Orange County's most desirable and centrally located communities.

2859 Hickory Place, Costa Mesa

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.