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

Sale Details

Date Sold: April 20, 2026

$851 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Landscaped
  • Bike Trail
  • Back and Front Yard

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

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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
  • Laundry in Garage

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

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

Amenities

  • Laundry Facilities

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2026
Closed on
Mar 25, 2026
Sold by
Bought by
Seller's Agent
Chris Maddy
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kevin Kott
Kott & Company, Inc.
List Price
$2,995,000
Sold Price
$2,855,000
Premium/Discount to List
-$140,000
-4.67%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Outstanding Balance
$1,226,879
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
2.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,400
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eastside Costa Mesa, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,855,000 Old Republic Title Company
Grant Deed $1,900,000 North American Title Company
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $1,100,000 Equity Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Grant Deed $658,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,230,000 New Conventional
Previous Owner $645,300 Commercial
Previous Owner $770,000 Commercial
Previous Owner $645,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $526,500 Commercial
Previous Owner $526,400 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,694 $2,161,872 $1,967,483 $194,389
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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