354 La Perle Lane

Costa Mesa, CA 92627

$3,950,000
Price
5
Beds
5
Baths
3,015 Sq. Ft.
$1,310 / Sq. Ft.
3,015
Sq. Ft.
$1,310
per Sq. Ft.

Description

A rarely offered opportunity to purchase a fully leased newly constructed SFR + ADU at 354 La Perle Lane. Ideal for investors seeking virtually zero maintenance, an A+ location in Costa Mesa Heights, and the flexibility to use the property as a primary residence in the future.
Meticulously designed and constructed by renowned Cascade Development, this single level residence seamlessly offers a perfect blend of style, comfort, and functionality. The main home features 4-bedroom, 3.5-bathroom and 2413
...A rarely offered opportunity to purchase a fully leased newly constructed SFR + ADU at 354 La Perle Lane. Ideal for investors seeking virtually zero maintenance, an A+ location in Costa Mesa Heights, and the flexibility to use the property as a primary residence in the future.
Meticulously designed and constructed by renowned Cascade Development, this single level residence seamlessly offers a perfect blend of style, comfort, and functionality. The main home features 4-bedroom, 3.5-bathroom and 2413 square feet of living space. Step inside and be greeted by an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an inviting space for both relaxation and entertainment. The master bedroom is a true retreat, featuring an ensuite bathroom with a luxurious walk-in shower and closet. The remaining bedrooms are equally spacious and offer ample space. The sun soaked front yard begs to be enjoyed boasting an elevated deck accessed via bi-fold doors, a cozy built-in fireplace, grass area, and privacy Ipe fencing. Bordering Newport Heights on the Enjoy the vibrant lifestyle that this area has to offer, with its proximity to beaches, parks, and recreational activities. Don't miss out on the opportunity to secure your his versatile modern gem your own.

Listing Agents

  1. Mark Taylor

    Mark Taylor

    Listing Agent

    Compass

    DRE #01877391

    mtaylor@compass.com

    P: (949)-335-8698

  2. Dylan Mason

    Dylan Mason

    Alternative Listing Agent

    Compass

    DRE #01709074

    dmason@compass.com

    P: (949)-294-7832

Property Details for 354 La Perle Lane

View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air, Heat Pump(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Builder
Living Area
3015
LISTING UPDATED: 10/29/2024 03:10 AM

Property Details for 354 La Perle Lane

StatusActive
MLS #NP24154315
Days on Market145
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.17 AC / 7,425 SF
CountyOrange County

Virtual Tour

Building Information for 354 La Perle Lane

Stories1Residences-Year Built2023Building Size-Lot Size0.17 AC / 7,425 SF

Property Information for 354 La Perle Lane

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $179,940
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $176,340
  • Net Operating Income: $143,940
  • Cap Rate: 3.5
Expense Details
  • Operating Expense: $2,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,500
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $4,500
Tax / Assessment Info
  • Tax Tract Number: 1175
  • Tax Census Tract: 633.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 21
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Refrigerator, Washer Hookup
  • Interior Features: Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Pantry
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Heat Pump
  • Heating Type: Central, Ductless
  • Heating: Central, Ductless
  • Flooring: Wood
  • Virtual Tour URL Branded: https://youtu.be/zB-jHeiJsaY
  • Virtual Tour URL Unbranded: https://youtu.be/zB-jHeiJsaY
Exterior Features
  • Security Features: Security System, Smoke Detector(s)
  • Roof: Asbestos Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Combination
  • Other Structures: Accessory Dwelling Unit
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Green Energy Efficient: Appliances, HVAC, Water Heater, Windows
  • Green Water Conservation: Flow Control
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Front Yard, Lawn
  • Number Of Units: 2
  • Improvements Amount: $1,800,000.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value: $2,000,000.00
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, 220 Volts
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Eastside South
  • Builders Tract Code: Eastside South (ESCM)
  • Personal Property Amount: $50,000.00
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $11,000
  • Unit Type Total Rent: $132,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,995
  • Unit Type Total Rent: $11,985
  • Unit Type Pro Forma: 3995
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 354 La Perle Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 354 La Perle Lane

Taxable ValueLand$34,129Additions$27,220Total$61,349
Tax Record2020$1,339 ($112 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtLot Size7,425 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1950CountyORANGEAPN42531121

Schools near 354 La Perle Lane

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Heights Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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354 La Perle Lane is a multi-family home for sale in Costa Mesa, CA 92627. This property was listed for sale on July 29, 2024 by Compass, it's currently listed at $3,950,000. It has been on the market for a total of 145 days and was last sold on June 14, 2022. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Heights Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 354 La Perle Lane is a 5-bed, 5-bath, 3,015 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Mark Taylor, DRE #01877391; Compass, Dylan Mason, DRE #01709074

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.