logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
43 Photos
icon
icon icon
118 Magnolia Street
USD 1,999,000
Property ID: NP23199333
icon
118 Magnolia Street ,92627
icon --
icon 4028 SqFt
icon Built in 2020
icon USD 496/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
1739
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 2020
See more icon
Detailed Introduction Of This Home
Nestled within the prized Eastside Costa Mesa neighborhood, a mere 1.7 miles from the breathtaking shores of Newport Beach, this prime property presents an exceptional investment opportunity. Boasting an attractive location within walking distance of Triangle Square, 17th Street's delectable restaurants, grocery stores, salons, and esteemed Newport Beach Schools, this dual detached home offering displays a coveted blend of convenience and potential for excellent rental income. The first dwelling, Unit A, began as a one-bedroom, one-bath main house but was thoughtfully expanded in 2020 to include dual master suites, resulting in a spacious 3-bedroom layout with three walk-in showers. This configuration is ideal for room-sharing or accommodating multi-adult households. The home has seen comprehensive updates, including a rejuvenated kitchen, flooring, bathrooms, and windows. Partial siding replacement and a new roof in 2020 further enhancing its appeal. Unit A enjoys the use of the detached two-car garage and shares a common outdoor area. Unit B, on the other hand, is a brand-new construction dwelling completed in 2022. This second-story portion of the property features one bedroom, one bath, a full-size kitchen, a cozy family room, and the convenience of in-unit laundry. This unit is officially permitted as an Accessory Dwelling Unit (ADU) and includes a separate address, laundry facilities, a storage room, fully paid solar panels, a separate electric meter, a separate gas meter, and a shared water meter. Both units are entirely detached, ensuring privacy and autonomy. As a turnkey investment, these homes come fully equipped with all appliances, including in-unit laundry, which will be conveyed with the property. The combination of low maintenance, sought-after finishes, and upgraded mechanical systems positions this offering as an outstanding opportunity for consistent rental income. Both units are tenant occupied and please do not disturb the tenants. Call Artie for all details and showing schedule.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 43
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (43)
icon
icon
banner
118 Magnolia Street
USD 1,999,000 0 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder