Est. cap rate

1.8%

Assumed rent, all units

$5,420/mo

Units

2

Price per unit

$900,000

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

3,031 sqft

Lot size

8,276 sqft

Year built

1951

Stories

2

Garage spaces

4

Style

Traditional

Heating

Natural Gas,Forced Air

Cooling

None

Pool

None

Status

Active

Days on market

0

MLS #

249084561

About this property

Located on the highly sought-after “Rural Lane Horseshoe” in Eastside Costa Mesa, this beautifully designed and generously proportioned duplex presents an exceptional opportunity in today’s market. Ideally positioned at the base of the street, the property enjoys a particularly desirable setting, offering a quiet, tree-lined environment surrounded by well-maintained homes that reflect the pride of ownership throughout the neighborhood. Both residences offer a wonderful sense of space and privacy, featuring open and inviting living areas, generously sized bedrooms, private outdoor entertaining spaces with expansive lawn areas, two-car garages with individual laundry facilities, and ample additional off-street parking across two large driveways. Unit A welcomes you with an inviting living room highlighted by a charming fireplace, which flows seamlessly into a formal dining area and a spacious kitchen offering abundant counter space and cabinetry. The residence features three generously sized bedrooms, including a private primary suite with vaulted ceilings and an en-suite bathroom, along with two additional spacious bedrooms and an updated secondary bathroom. Multiple skylights bring in an abundance of natural light throughout. French doors off the kitchen open to a private backyard retreat, complete with an ideal setting for al fresco dining and an expansive lawn area perfect for entertaining, recreation, or simply enjoying the outdoors. Unit B offers an equally appealing layout, with an open-concept living area flowing naturally into the kitchen. The main level also features a bedroom, a convenient powder room, and direct access to its own private rear patio and outdoor living space. Upstairs, two exceptionally spacious bedrooms are complemented by two full bathrooms and an abundance of additional storage, creating a comfortable and functional living environment. Ideally situated in the heart of Eastside Costa Mesa, this well-maintained duplex offers an exceptional combination of location, livability, and versatility. Just moments from award-winning schools, the vibrant shops and restaurants along 17th Street, and the iconic beaches of the Newport Peninsula, this is a rare opportunity to own a property in one of Costa Mesa’s most desirable neighborhoods.

Location

2150 Rural Lane

Costa Mesa, Orange, CA, 92627