$2,855,000
SOLD APR 20, 2026
7 Beds
4 Baths
3,355 Sq Ft
9,405 Sq Ft Lot Lot

Sale Details

Date Sold: April 20, 2026

$851 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Back and Front Yard
  • Woodland Elementary School Rated A
  • Bike Trail

About This Home

As of April 2026

We are pleased to present the sale of 2048 Garden Lane, a well-maintained three-unit multifamily property ideally situated in the highly desirable Eastside Costa Mesa neighborhood. The front unit is a detached single-family residence featuring three bedrooms, two bathrooms, a spacious private backyard, and an attached two-car garage. The rear duplex consists of two 2-bedroom, 1-bathroom units, each offering private yard or patio space and its own single-car garage. All three units were extensively remodeled circa 2015 and showcase modern upgrades throughout, including dual-pane windows, recessed lighting, laminate flooring, quartz countertops, stainless steel appliances, white shaker cabinetry, and custom-tiled showers. Each unit is separately metered for gas and electricity and includes laundry hookups in the garage. This rare investment opportunity is located in one of Orange County’s most sought-after neighborhoods, offering close proximity to parks, beaches, top-rated schools, and the vibrant dining, shopping, and lifestyle amenities along 17th Street.

Last Agent to Sell the Property

Chris Maddy

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-294-5408 License #01946797 Listed on: 03/10/2026

Pacific Sotheby's Int'l Realty

Co-Listed By

Tim Carr

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-294-5408 License #01017277

Last Buyer's Agent

Kevin Kott

Kott & Company, Inc. License #02089647

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 9,405 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Flat Roof Shape
  • Composition Roof

Interior Spaces

  • 3,355 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Tax Lot 6
  • Tax Tract Number 6829
  • Assessor Parcel Number 42623212

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Eastside Central Subdivision

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,100
  • Insurance Expense $3,200
  • Maintenance Expense $3,000
  • Water Sewer Expense $1,600
  • New Taxes Expense $31,448
  • Operating Expense $41,348
  • Gross Income $138,540
  • Net Operating Income $91,581

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

9,405 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside Central (ECCM)
  • View: No
  • Water Sewer Expenses: 1600.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 42623212
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 850.97
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Cooktop, Dishwasher
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Landscaped, Front Yard, Sprinkler System, Back Yard
  • Lot Size Sq Ft: 9405.00
  • Lot Size Acres: 0.2159

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 138540.00
  • Gross Scheduled Income: 137040.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 9405.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 91581.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 41348.00
  • Rent Control: No
  • Total Expenses: 41348.00

Tax Info

  • New Taxes Expense: 31448.00
  • Tax Lot: 6
  • Tax Tract Number: 6829
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2026 04/20/26 Sold $2,855,000 -4.7% $851 / Sq Ft
03/24/2026 03/24/26 Pending -- -- --
03/10/2026 03/10/26 For Sale $2,995,000 -- $893 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,185 $2,119,483 $1,928,905 $190,578
2024 $24,185 $2,077,925 $1,891,083 $186,842
2023 $23,470 $2,037,182 $1,854,003 $183,179
2022 $22,886 $1,997,238 $1,817,650 $179,588
2021 $22,283 $1,958,077 $1,782,010 $176,067
2020 $22,027 $1,938,000 $1,763,738 $174,262
2019 $14,284 $1,208,808 $1,032,877 $175,931
2018 $13,994 $1,185,106 $1,012,624 $172,482
2017 $13,764 $1,161,869 $992,769 $169,100
2016 $13,475 $1,139,088 $973,303 $165,785
2015 $13,349 $1,121,978 $958,683 $163,295
2014 $13,053 $1,100,000 $939,903 $160,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26046194

California Regional Multiple Listing Service (CRMLS)

APN: 426-232-12

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