3045 Coolidge Costa Mesa, CA $ 1,575,000
3045 Coolidge
$ 1,575,000
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3045 Coolidge

Costa Mesa, CA, 92626
$ 1,575,000
Bedrooms-- Baths1.0 Sq 3,191

Monthly Estimate*

$ 9,945

Listed by Dave Troutt, Seven Gables Real Estate, dave@davetroutt.com
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Multi-Family Home for sale in Costa Mesa, CA

for $1,575,000 with 1 full bath. This 3,191 square foot home was built in 1962 on a lot size of 0.13.

NEW PRICE! Huge Price Improvement . 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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Multi-Family Contingent

Price

$ 1,575,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.13

Year Built

1962

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC26159419

Days on Market

77

Features
General
Sewer 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 5700
Community Features Curbs Gutter(s) Street Lights Suburban Sidewalks
County Orange
Net Operating Income 77780
Operating Expense 26740
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Halecrest (HALE)
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
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 Under Contract
Year Built Source Public Records
Tax Lot 34
Total Actual Rent 8735
Property Sub Type Additional Apartment
Taxes 18900
Cap Rate 4.94
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Interior
Total Stories 2
Common Walls 2+ Common Walls End Unit No One Above
Laundry Features Inside
Entry Level 1
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Exterior
Lot 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 Features
List By
Dave Troutt

Listing Agent

Seven Gables Real Estate

Broker

dave@davetroutt.com

Email

Affordability Calculator

$9,945
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,945
Monthly Property Taxes
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$1,575,000 -3.08% Price Down
8/17/2026$1,625,000 -1.52% Price Down
7/21/2026$1,650,000 Listed Price

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3045 Coolidge, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $1,575,000 with 3,191 sqft and a lot size of 0.13. 3045 Coolidge has 1.0 baths and was built in 1962. The property's zip code is 92626 which is in Costa Mesa, CA