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Listed by Matthew Hoyt, DRE #01426139 • Hoyt Real Estate, Inc.
$1,650,000
Est. payment /mo
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26040105
Year Built 1951
Lot Size 10,454 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Exceptional investment opportunity in Eastside Costa Mesa. 135 Del Mar is a fully occupied duplex situated on an expansive and well-shaped 10,454 square foot lot, offering immediate income with significant upside potential. Whether you're an investor looking to strengthen your portfolio or a developer seeking your next project, this property delivers flexibility, scale, and long-term value. The existing duplex provides stable, in-place rental income while you explore a range of possibilities. The oversized lot configuration presents excellent ADU potential, allowing you to increase cash flow and maximize returns. With generous dimensions and favorable layout, the site may also offer compelling development opportunities (buyer to verify with the city), making it ideal for those looking to build additional units or reimagine the property entirely. Located in a highly desirable area close to beaches, shopping, dining, and major freeways, this property benefits from strong rental demand and long-term appreciation fundamentals. Large parcels like this are increasingly rare-especially with an income-producing structure already in place. Collect rent today. Add value tomorrow. Unlock the full potential of this prime Eastside Costa Mesa property.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Laundry Gas Hookup, 30
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 43917118
Special Listing Condition Not Applicable
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