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$ 1,650,000
Est. payment /mo
Price Dropped by $25K
135 Del Mar Costa Mesa, CA 92627
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26040105
HOA Y/N No
Year Built 1951
Lot Size 10,454 Sqft
Property Sub-Type Duplex
Property Description
Exceptional investment opportunity in Eastside Costa Mesa.
135 Del Mar is a fully occupied duplex situated on an expansive and well-shaped 10,454 square foot lot, offering immediate income with significant upside potential. Whether you're an investor looking to strengthen your portfolio or a developer seeking your next project, this property delivers flexibility, scale, and long-term value.
The existing duplex provides stable, in-place rental income while you explore a range of possibilities. The oversized lot configuration presents excellent ADU potential, allowing you to increase cash flow and maximize returns. With generous dimensions and favorable layout, the site may also offer compelling development opportunities (buyer to verify with the city), making it ideal for those looking to build additional units or reimagine the property entirely.
Located in a highly desirable area close to beaches, shopping, dining, and major freeways, this property benefits from strong rental demand and long-term appreciation fundamentals. Large parcels like this are increasingly rare—especially with an income-producing structure already in place.
Collect rent today. Add value tomorrow. Unlock the full potential of this prime Eastside Costa Mesa property.
135 Del Mar is a fully occupied duplex situated on an expansive and well-shaped 10,454 square foot lot, offering immediate income with significant upside potential. Whether you're an investor looking to strengthen your portfolio or a developer seeking your next project, this property delivers flexibility, scale, and long-term value.
The existing duplex provides stable, in-place rental income while you explore a range of possibilities. The oversized lot configuration presents excellent ADU potential, allowing you to increase cash flow and maximize returns. With generous dimensions and favorable layout, the site may also offer compelling development opportunities (buyer to verify with the city), making it ideal for those looking to build additional units or reimagine the property entirely.
Located in a highly desirable area close to beaches, shopping, dining, and major freeways, this property benefits from strong rental demand and long-term appreciation fundamentals. Large parcels like this are increasingly rare—especially with an income-producing structure already in place.
Collect rent today. Add value tomorrow. Unlock the full potential of this prime Eastside Costa Mesa property.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 43917118
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Matthew Hoyt Hoyt Real Estate, Inc. 949-283-1696, DRE #01426139