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Status: ACTIVE

273 Virginia Pl 
Costa Mesa, CA 92627

$2,099,995

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Welcome to 273 Virginia Place, Eastside Costa Mesa two fully detached homes on one spacious lot. This rare income property offers the best of both worlds: live in one, rent the other, or hold as a high-demand investment in one of Orange Countys most sought-after neighborhoods. Set on a generous 7,577 sq. ft. lot, youll find two charming 1950s cottages totaling over 2,100 sq. ft. of living space. The front home is a freshly updated 3-bedroom, 2-bath retreat with approximately 1,200 sq. ft. Bamboo flooring, crisp white paint, stainless steel appliances, refreshed kitchen cabinets, reglazed baths, new bath fixtures, new vanities, new toilets, new light fixtures, new ceiling fans, and designer touches throughout create a bright, modern vibe. All the hard work has been done this is a true turnkey opportunity that lives like a stand-alone Eastside home, perfect for an owner-user, or attracting high-caliber tenants. The rear home is a 2-bedroom, 1-bath sanctuary of about 950 sq. ft., featuring elegant tile floors, light updates, and a secluded and spacious rear yard that feels like its own hidden oasis. An excellent long-term tenant is already in place on a month-to-month lease, providing immediate income. Each home has its own single-car garage, private driveway, and laundry hookups. Parking is plentiful with space for 23 cars per unit. Recent property upgrades include fresh interior and exterior paint, new vinyl fencing, new vinyl gates, new rear-unit entryway and updated landscaping. Eastside Costa Mesa is prized for its walkability, charm, beach weather and its location in the renowned Newport Mesa Unified School District. Walk to nearby Kaiser and Woodland Elementary Schools, or have a short bike ride or drop off to Newport Beach middle and high schools, Ensign and Newport Harbor. Stroll or bike along the Back Bay, hop on the nearby freeway in minutes, or explore nearby shops, restaurants, and nightlife on vibrant 17th Street. With no HOA, plenty of outdoor space, and strong rental demand, this property checks every box. Whether youre looking for a 1031 exchange replacement, a smart investment, or a home that pays you back, 273 Virginia Place delivers. Properties like this almost never hit the market dont miss your chance to own a rare two-on-a-lot in one of Orange Countys hottest neighborhoods.
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Bedrooms
5
Baths
3
House Size
2,151 sqft
Year Built
1959
Lot Size
0.17 ac

Location

Market Insights

In the last 30 days, homes for sale in 92627, Costa Mesa, CA were on the market for a median of 33 days and 40% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Gas Oven
Gas Range
Gas Cooktop
laundry features
Washer Hookup
view
Neighborhood

Exterior Information

fence
Vinyl
Wood
patio and porch
Porch
Patio

Property Information

architectural style
Cottage
Traditional
community
Curbs
Sidewalks
construction
Stucco
parking
Garage
security features
Carbon Monoxide Detector(s)
sewer
Public Sewer
subdivision name
Eastside Central (eccm)
utilities
Electricity Available
Natural Gas Available
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Available
Water Available
Sewer Connected
Water Connected
water source
Public
  • Listed By Devin Lucas
  • devin@lucas-real-estate.com
  • Coldwell Banker Realty
  • (949) 644-1600
  • MLS NP25218933

Monthly Payments Calculator

Estimated Monthly Cost

$13,114

30 year fixed·6.9% interest rate
Principal & Interest
$11,064
Property Taxes
$1,750
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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