120 Lisa Lane
Costa Mesa, CA 92627
Listing broker / agent: Morgan Skenderian · Rick Applebaum · rma@morganskenderian.com · CRMLS
MLS # PW26211144 · Last checked Oct 22, 2026 08:07 UTC
About this property
120 Lisa Lane presents a rare opportunity to acquire a well-positioned triplex in highly desirable Eastside Costa Mesa, just minutes from Newport Bluffs. Offered for the first time in more than 13 years, the property features a highly attractive unit mix consisting of one 3BR/2BA unit and two 2BR/1BA units, appealing to a broad tenant base of families and professionals. Each unit offers desirable amenities, including washer/dryer hookups, private patios or balconies, while the four-car garage provides valuable off-street parking and additional tenant convenience. Situated at the end of a quiet cul-de-sac, the property offers an added level of privacy and a residential feel that further enhances its tenant appeal. With approximately 25% in rental upside, 120 Lisa Lane offers investors the opportunity to acquire a well-maintained asset with strong in-place fundamentals and meaningful value-add potential in one of Costa Mesa’s most sought-after submarkets.
Property details
- MLS number
- PW26211144
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.139 acres
- County
- Orange
- Year built
- 1973
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1973
- Year built source
- Public Records
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Laundry
- Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 4
- Pool
- None
- Lot features
- Rectangular Lot
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Monte Vista Independent Study (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | 7–12 | 0.6 mi |
| Maude B. Davis Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 0.6 mi |
| Back Bay High (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | 9–12 | 0.8 mi |
| Sonora Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 0.8 mi |
| Costa Mesa High (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | 7–12 | 0.8 mi |
| ACCESS County Community (school website, opens in a new tab) Orange County Department of Education · Costa Mesa | K–12 | 1.0 mi |
| Orange County Special Education (school website, opens in a new tab) Orange County Department of Education · Costa Mesa | K–12 | 1.0 mi |
| College Park Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 1.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,375,000
- MLS-reported original asking price
- $2,375,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 06:01 | $2,375,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Costa Mesa
Active residential homes for sale in Costa Mesa, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
34 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 08:49 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗