3045 Coolidge
Costa Mesa, CA, 92626 $ 1,650,000
Baths1.0 Sq 3,191 Monthly Estimate*
$ 10,418
Listed by Seven Gables Real Estate
Studio for $1,650,000 with 1 full bath. This 3,191 square foot home was built in 1962 on a lot size of 0.13.
Exceptional Costa Mesa Triplex Investment Opportunity Rarely does a property like this become available in one of Costa Mesa's most desirable rental neighborhoods. Situated on a prime corner lot at 3045 Coolidge Avenue, this well-positioned triplex offers an outstanding investment opportunity featuring three spacious 2-bedroom, 1 and 2 bath units, each with generously sized floor plans that consistently appeal to long-term tenants. The property's corner location provides an attractive residential setting, bordered by established single-family homes on one side and multifamily residences on the other—creating the perfect balance of neighborhood charm and strong rental demand. The building offers excellent curb appeal, abundant natural light, and a layout that tenants love. Location is everything, and this property delivers. Residents enjoy walking distance to Paularino Elementary School, nearby parks, neighborhood shopping, restaurants, and everyday conveniences. The property is just minutes from South Coast Plaza, Segerstrom Center for the Arts, Orange Coast College, John Wayne Airport, and the world-famous beaches of Newport Beach and Huntington Beach. Easy access to the 55, 405, and 73 Freeways makes commuting throughout Orange County exceptionally convenient. Costa Mesa continues to be one of Orange County's strongest rental markets, driven by its central location, vibrant employment base, highly desirable coastal lifestyle, and proximity to major business centers. The city boasts more than 80,000 jobs, a thriving economy, outstanding dining and entertainment, and one of Southern California's most sought-after lifestyles—making quality rental housing consistently attractive to tenants. -Three large 2-bedroom units -Prime corner location -Excellent tenant appeal -Walking distance to schools -Strong rental demand -Close to beaches, shopping, employment centers, and freeways -Located in one of Orange County's most desirable investment markets Investment opportunities in this location are increasingly difficult to find. This is your chance to own a quality income-producing asset in the heart of Costa Mesa—where strong fundamentals, exceptional location, and long-term appreciation potential come together to create an outstanding real estate investment. A true turnkey addition to any investment portfolio .
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FeaturesGeneralSewer Public Sewer
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1962
Tenant Pays Cable TV Electricity Gas Parking Fee Telephone
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 3600
Community Features Curbs Gutter(s) Street Lights Suburban Sidewalks
County Orange
Net Operating Income 80780
Operating Expense 27640
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Halecrest (HALE)
Garage Y/N true
Special Listing Conditions Bankruptcy Property
Status Active
Directions Enter off Fairview onto Paularino continue down to Coolidge property is on the corner
City Costa Mesa
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area C3 - South Coast Metro
Lot Size Units Square Feet
Lot Size Square Feet 5663
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional Court Approval FHA
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 720
Trash Expense 1980
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 34
Total Actual Rent 8735
Property Sub Type Additional Apartment
Taxes 19800
Cap Rate 4.9
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InteriorTotal Stories 2
Common Walls 2+ Common Walls End Unit No One Above
Laundry Features Inside
Entry Level 1
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ExteriorLot Features Corner Lot Front Yard Lawn Landscaped
Water Source Public
Total Parking 3
Lot Size Area 5663
Number of Buildings 1
Building Area Total 3191
Lot Size Acres 0.13
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList BySeven Gables Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,418
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Costa Mesa, CA
Average List Price $3,086,600
Percent of Sale Price 87%
About Costa Mesa, CA 114,059 Population
4% Since 2002
$ 74,468 Median Income
36.81 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2026 | $1,650,000 | | Listed Price |