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    188 Merrill Place

    Costa Mesa, CA 92627
    • $2,099,000
    • STATUS: Active Under Contract
    • ON SITE: 64 days
    • ID#: OC20262274
    Under Contract
    UPDATED: 44 min ago
    $2,099,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,598
      SQFT
    • $808
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2012
    County:

    School Ratings & Info

    Description

    PRICE IMPROVEMENT! A true trophy property in Eastside Costa Mesa, adjacent to Upper Newport Beach Back Bay, featuring 2 recently remodeled, DETACHED, craftsman style homes w/ many options including live in the front house & rent out the back house. The FRONT HOUSE has 3 bedrooms, an office & 2 1/2 baths. Both homes are modern w/ designer touches. The kitchen has granite counters, stainless appliances, mahogany cabinets, & dual paned Milgard windows. There is a cozy fireplace & audio/visual wiring for the house. The master offers a spa-like bath w/ double vanity & a bedroom level laundry room. Enjoy warm summer nights & ocean breezes from the covered patio/California room w/side windows, surround sound overlooking a private lush backyard w/ fruit trees & offers a 1 car attached garage. The BACK HOUSE has 2 bedrooms, 1 bath & shares the same detail & excellent finishes & is detached from the Front house. This unit has been a high demand rental, but could be a perfect guest house. There is an office nook, AV wiring throughout & laundry inside. Relax or entertain in the side & backyard w/ lush landscaping & charm. There is a 2 car detached garage w/ separate office/workout/kid room, & a long driveway w/ space for an RV, boat or multiple cars. Close to Upper Newport Back Bay w/ walking & biking trails/other So Cal outdoor activities. Centrally located to world class beaches, fine dining/entertainment. Easy access to John Wayne airport, the 55, 405, PCH & toll roads. This is a ONE OF A KIND property!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T22:35:40.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/115092340
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    188 Merrill Place Costa Mesa, CA 92627

    • Price: $2,099,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • ID#: OC20262274
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,598
    SQFT
    $808
    $/SQFT
    2012
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    C5 - East Costa Mesa
    Property Description
    PRICE IMPROVEMENT! A true trophy property in Eastside Costa Mesa, adjacent to Upper Newport Beach Back Bay, featuring 2 recently remodeled, DETACHED, craftsman style homes w/ many options including live in the front house & rent out the back house. The FRONT HOUSE has 3 bedrooms, an office & 2 1/2 baths. Both homes are modern w/ designer touches. The kitchen has granite counters, stainless appliances, mahogany cabinets, & dual paned Milgard windows. There is a cozy fireplace & audio/visual wiring for the house. The master offers a spa-like bath w/ double vanity & a bedroom level laundry room. Enjoy warm summer nights & ocean breezes from the covered patio/California room w/side windows, surround sound overlooking a private lush backyard w/ fruit trees & offers a 1 car attached garage. The BACK HOUSE has 2 bedrooms, 1 bath & shares the same detail & excellent finishes & is detached from the Front house. This unit has been a high demand rental, but could be a perfect guest house. There is an office nook, AV wiring throughout & laundry inside. Relax or entertain in the side & backyard w/ lush landscaping & charm. There is a 2 car detached garage w/ separate office/workout/kid room, & a long driveway w/ space for an RV, boat or multiple cars. Close to Upper Newport Back Bay w/ walking & biking trails/other So Cal outdoor activities. Centrally located to world class beaches, fine dining/entertainment. Easy access to John Wayne airport, the 55, 405, PCH & toll roads. This is a ONE OF A KIND property!
    Exterior Features

    Architectural Style CraftsmanCustomOther Construction Materials DrywallGlassConcreteStuccoVinyl SidingCopper Plumbing Exterior Features Lighting Fencing BlockExcellent ConditionSee RemarksVinylWood Foundation Details SlabSee Remarks Lot Features Drip Irrigation/BubblersFront YardGardenSprinklers In RearSprinklers In FrontLawnLandscapedLevelNear ParkNear Public TransitPavedRectangular LotSprinklers TimerSprinklers On SideSprinkler SystemStreet Level Number Of Separate Electric Meters 2 Open Parking Spaces 6 Other Structures Second GarageGuest House Parking Features BoatConcreteDoor-MultiDriveway LevelDrivewayGarage Faces FrontGarageGarage Door OpenerOversizedRv PotentialRv Access/ParkingSee RemarksTandemUncovered Parking Total 9 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type MaintainedPaved Roof CompositionShingleSee Remarks Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Accessibility Features See RemarksAccessible Doors Appliances Built-In RangeDishwasherGas CooktopDisposalGas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorWater To RefrigeratorWater HeaterDryerWasher Common Walls No Common Walls Cooling Central AirGasSee Remarks Cooling YN Yes Door Features Mirrored Closet Door(S)Sliding Doors Fireplace Features GasLiving RoomSee Remarks Fireplace YN Yes Flooring BambooLaminateStone Heating CentralForced AirFireplace(S)Natural GasSee Remarks Heating YN Yes Interior Features Ceiling Fan(S)Cathedral Ceiling(S)FurnishedGranite CountersHigh CeilingsOpen FloorplanPantryRecessed LightingStorageUnfurnishedWired For DataWired For SoundAll Bedrooms UpAll Bedrooms DownBedroom On Main LevelMain Level MasterUtility RoomWalk-In Closet(S) Window Features Custom Covering(S)Double Pane WindowsDrapesRoller ShieldsScreensSkylight(S)

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5 Common Interest Planned Development Community Features CurbsStorm Drain(S)Street LightsSuburbanSidewalksPark Contingency Sale Of Property is Contingent Upon Seller Finding A Replacement Property. Replacement Property Has Been identified. Disclosures Home Warranty Electric Electricity - On Property220 Volts For Spa Electric Expense 468 Garage YN Yes Gross Income 80979 Gross Scheduled Income 108000 Inclusions Most Furnishings (List To Be Provided) Insurance Expense 900 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInsideLaundry ClosetLaundry RoomSee RemarksUpper Level Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalFhaFannie MaeFreddie MacVa Loan Maintenance Expense 300 Net Operating Income 80979 New Construction YN No New Taxes Expense 24189 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 27021 Possession Close Plus 3 Days Property Condition Updated/RemodeledTurnkey Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 0 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedSee RemarksWater Connected Water Sewer Expense 432 Water Source PublicSee Remarks

    Listing provided courtesy of Danny Murphy of First Team Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T22:35:40.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505