236 Camellia Lane, Costa Mesa, California 92627, Costa Mesa, 92627 - 5 bed, 3 bath
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Costa Mesa, California 92627
This Rare Dual-Residence Coastal Estate is listed at $2,685,000, representing a stable valuation closely aligned with its $2,663,785 Fair Market Value. Featuring two fully remodeled, turnkey homes with an Excellent Condition Rating, the property showcases Quartz Countertops, Mini-Split HVAC systems, and a Private Patio. Situated in the Newport Mesa Unified district near Mariners Elementary, this asset provides exceptional flexibility for rental income or multi-generational living. It is a premier acquisition for Owner-Occupants or Multi-Generational Families seeking a high-yield coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Camellia Lane Subject | $2,500,000* List Price | 5 | 3 | 2,157 | $1,159 | - |
A 269 Cecil Place Sold | $2,280,000 | 4 | 2 | 1,832 | $1,245 | 0.2 mi |
B 370 E 19th Sold | $2,280,000 | 3 | 2 | 1,648 | $1,383 | 0.8 mi |
C 2080 Orange Avenue Sold | $2,500,000 | 3 | 2 | 1,861 | $1,343 | 0.3 mi |
D 212 E 19th Street Active | $2,995,000 List Price | 5 | 4 | 2,578 | $1,162 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone an extensive recent renovation of both units within the last 5 years. The interiors feature high-end modern finishes including white shaker cabinetry, quartz countertops, stainless steel appliances, and designer tile backsplashes in the kitchens. Bathrooms are fully updated with contemporary vanities and custom tile work. The homes feature luxury vinyl plank flooring, recessed lighting, and modern mini-split HVAC systems, meeting current market standards for a turnkey, like-new condition.
Featuring two separate, fully remodeled residences on a single lot, this property offers exceptional versatility for high-yield rental income or multi-generational living in a high-demand area.
Situated in the highly sought-after Eastside Costa Mesa neighborhood, the property boasts close proximity to Newport Beach, top-tier schools, and premier shopping and dining.
Both the 3-bedroom front unit and 2-bedroom rear unit have been thoughtfully updated with contemporary finishes, providing a move-in-ready experience with minimal immediate capital expenditure.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7924, other record lot size in square feet = 7751. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2157, other record living area = 984. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Both units are currently tenant-occupied, which may present challenges for buyers seeking immediate owner-occupancy or those wishing to perform further custom modifications.
The property has undergone multiple price reductions since its initial listing, which may indicate that the original valuation was aggressive relative to current market conditions.
RARE opportunity to own a versatile property with TWO REMODELED HOMES ON ONE LOT in the heart of Costa Mesa, just a few miles from the Newport Beach Pier. This well-maintained property features two separate, tenant-occupied residences with month-to-month agreements, offering flexibility for investors or future owner-occupants. The front unit offers a spacious 3-bedroom, 2-bathroom layout, while the rear unit features a well-designed 2-bedroom, 2.5-bathroom floor plan. Both homes have been thoughtfully remodeled, providing modern finishes and updated interiors throughout. Ideally located near beaches, shopping, dining, and major freeways, this property presents an excellent opportunity for income generation, multi-generational living, or a future redevelopment scenario. Prime coastal proximity combined with strong rental appeal makes this a standout offering in one of Orange County’s most desirable areas.
No exterior & parking available.
Grades 3-6 • 0.2 mi
Grades PK-2 • 0.5 mi
Grades PK-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,157 | 1,752.5 | 77% |
| Lot Size | 7,924 | 6,904.5 | 80% |
| Price | $2.50M | $1.65M | 79% |
| Price per sq ft | $1.2K | $1.1K | 66% |
| Built year | 1940 | 1956 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 163 | 26% |
Apr 1, 2026
$2,500,000
$2,595,000
-4% Price Drop
Initial Listing
Mar 18, 2026
$2,595,000
$2,685,000
-3% Price Drop
Initial Listing
Feb 21, 2026
$2,685,000
$2,785,000
-4% Price Drop
Initial Listing
Feb 13, 2026
$2,785,000
$2,850,000
-2% Price Drop
Initial Listing
Jan 26, 2026
$2,850,000
Initial Listing
Sep 28, 2021
$1,400,000
Public Record
Aug 23, 1994
$242,000
Public Record