113 Clearbrook, Costa Mesa, California 92626, Costa Mesa, 92626 - 4 bed, 3 bath
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Costa Mesa, California 92626
Analysis of 113 Clearbrook, Costa Mesa, California 92626 is currently available with a list price of $1,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Costa Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1964 (60 years old) and explicitly marketed as a 'major fixer' with boarded-up windows visible in photos. The property requires a full gut renovation of kitchens, bathrooms, and likely all major systems (HVAC/Electric) to address safety and structural neglect.
Situated within walking distance to Vanguard University and the OC Fairgrounds, the property ensures consistent rental demand from students and professionals in a high-growth area.
The large 7,841-square-foot lot and 'major fixer' status provide a unique opportunity for ADU conversion and substantial rental income growth, with potential gross income reaching $99K annually.
Each unit features private fenced yards, individual laundry hookups, and detached garages, which are highly sought-after features that command premium rents and long-term tenants.
Marketed as a 'major fixer,' the property will require significant upfront capital investment to address deferred maintenance and modernize the units for market-rate occupancy.
Built in 1964, the property likely requires updates to major systems such as plumbing, electrical, and roofing, which may lead to unforeseen costs during the renovation process.
INVESTOR OPPORTUNITY — Discover a rare triplex in central Costa Mesa. Major fixer with long-term upside potential. Located walking distance to the OC Fairgrounds and Vanguard University, this property attracts consistent tenant demand year-round from students, professionals, and event traffic. The property features two 1-bedroom / 1-bath units, each with a detached 1-car garage, private fenced yard, and private laundry. The third unit is a 2-bedroom / 1-bath with a detached 2-car garage. Situated on a 7,841-square-foot lot with separate gas and electric meters. Based on comparables, potential gross income could reach approximately $99K per year once updated. Perfect for investors seeking passive income in Orange County or those completing a 1031 Exchange. Explore options for ADU conversion or a long-term hold in one of Costa Mesa's most central neighborhoods — minutes from South Coast Plaza, John Wayne Airport, and Newport Beach. Prime location, dependable tenants, and real opportunity for value-add appreciation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 75% |
| Baths | 3.0 | 0.0 | 75% |
| Square foot | 2,528 | 2,528 | 50% |
| Lot Size | 7,841 | 8,276.5 | 50% |
| Price | $1.20M | $1.66M | 25% |
| Price per sq ft | $475 | $567 | 25% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 92 | 25% |
May 22, 2026
$1,200,000
Initial Listing