3131 Coral, Costa Mesa, CA 92626
3131 Coral, Costa Mesa, CA 92626
3131 Coral, Costa Mesa, CA 92626
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,999,888
Est. payment /mo
8,712 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Spice Streets

MLS Listing ID PW26225727

HOA Y/N No

Year Built 1970

Lot Size 8,712 Sqft

Property Sub-Type Duplex

Property Description

RARE OWNER-OCCUPANT DUPLEX OPPORTUNITY IN NORTH COSTA MESA! Welcome to 3131 Coral Ave, a premier multi-family asset offering the ultimate live-in investment setup on an expansive 8,700+ sq. ft. lot. The primary residence has just undergone a massive, complete modern remodel featuring a brand-new kitchen with custom cabinetry, sleek new flooring, and designer paint throughout. This 3 Bedroom, 2 Bathroom main house functions like a standalone single-family home, opening up to a private backyard oasis complete with a sparkling pool, spa, and oversized yard space. The independent secondary unit offers 2 Bedrooms and 2 Bathrooms, ideal for generating top-tier rental income to significantly offset your monthly mortgage in today's interest rate environment. Peace of mind comes standard with a brand-new roof covering the entire building, fully prepped and ready for El Niño winter rains! Located in the desirable "Spice Streets" neighborhood of Central Costa Mesa (C4/Mesa Verde Residential Income area), just minutes from South Coast Plaza, top-rated schools, parks, and 405/55/73 freeways. Whether you are an owner-occupant looking for a turn-key private pool home while your tenant pays down your loan, or an investor seeking a fully updated trophy asset, this property delivers unmatched versatility and value.

Location

State CA

County Orange

Area C1 - Mesa Verde

Interior

Interior Features Built-in Features, Ceiling Fan(s), Open Floorplan, Quartz Counters, Storage, Attic, Bedroom on Main Level, Main Level Primary, Primary Suite

Heating Central

Cooling None

Fireplaces Type Gas, Living Room, Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Oven, Gas Range, Water Heater

Laundry Gas Dryer Hookup, In Garage

Exterior

Parking Features Attached Carport, Assigned, Concrete, Carport, Door-Multi, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, Side By Side

Garage Spaces 3.0

Carport Spaces 1

Garage Description 3.0

Pool Filtered, Gas Heat, In Ground, Private

Community Features Curbs, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Pool

Roof Type Composition,Flat,Mansard,Shingle,Synthetic

Accessibility None

Total Parking Spaces 7

Private Pool Yes

Building

Lot Description Back Yard, Front Yard, Garden, Level, Near Park, Sprinkler System, Walkstreet, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 13949127

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Kurt Galitski Coldwell Banker Realty 714-957-6677, DRE #01348644

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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