Est. cap rate

1.6%

Assumed rent, all units

$5,420/mo

Units

2

Price per unit

$1,000,000

Est. annual NOI

$32,520

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

3,080 sqft

Lot size

8,712 sqft

Year built

1970

Stories

2

Garage spaces

3

Heating

Central

Cooling

Electric,Central Air

Pool

None

Status

ComingSoon

Days on market

0

MLS #

247956520

About this property

FULLY REMODELED LUXURY DUPLEX JUST MINUTES FROM NEWPORT BEACH! Welcome to exceptional coastal living in Costa Mesa. This meticulously remodeled, high-end duplex is ideally located within minutes of the beautiful beaches of Newport Beach, as well as nearby shopping, dining, entertainment, and the 55 Freeway. This 5-bedroom, 4-bathroom property offers over 3,000 square feet of combined living space, offering modern luxury, flexible living arrangements, and excellent income potential for an owner-occupant, multigenerational family, or savvy investor. The first unit offers a spacious single-story home featuring 3 bedrooms, 2 bathrooms, and approximately 1,906 sq. ft. of living space. Upon entering, a generous size front room provides a welcoming transition into the home and offers an additional space that can be used as a formal sitting area, family room, home office, game room, or entertainment space. The wide hallway opens into the main living areas, creating an expansive and inviting atmosphere showcasing the open-layout gourmet kitchen featuring an expansive center island with bar seating, European-style cabinetry, quartz countertops, with high-end fixtures, modern finishes, and LED lightning. The primary suite boasts a beautifully remodeled en-suite bathroom showcasing sophisticated tile work extending throughout the walls, creating a luxurious, spa-inspired atmosphere and offering comfort, privacy, and convenience. The second residence is a beautifully remodeled two-story unit offering approximately 1,174 sq. ft., with 2 en-suite bedrooms, one downstairs, and a large en-suite upstairs. This unit also features European-style cabinetry, modern finishes throughout, and central air conditioning, providing comfortable and private living space for extended family, guests, or rental income. Adding to this amazing home, both units enjoy access to a generously sized backyard featuring manicured landscaping with plenty of space to unwind and relax. The spacious outdoor area is ideal for weekend BBQs, outdoor dining, entertaining, family gatherings, or enjoying the Southern California lifestyle. With a combined 5 bedrooms, 4 bathrooms, and approximately 3,080 sq. ft. of living space, this exceptional duplex offers a rare combination of modern luxury, versatility, outdoor living, and location.

Location

635 Plumer Street

Costa Mesa, Orange, CA, 92627