$2,325,000
2049 MonroviaCosta Mesa, CA 92627Freedom Homes
120 Lisa Lane, Costa Mesa, CA 92627
- 3,148 sq ft
- Built 1973
$2,375,000
The home
About 120 Lisa Lane
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 for 120 Lisa Lane
This apartment sits in Costa Mesa in Orange County. It offers 3,148 square feet of living space and is listed at $2,375,000, about $754 per square foot. The home was built in 1973. The MLS record lists the assessor parcel number as 439-081-16. Highlights include a four-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,375,000
- Days On Site
- 5 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,148 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1973
- MLS® Number
- PW26211144
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Apartment
- MLS Number
- PW26211144
- Year Built
- 1973
- Lot Size (sq ft)
- 6,053
- Lot Size (acres)
- 0.139
- Garage Spaces
- 4
- Parking Spaces
- 4
- Parcel Number
- 43908116
- On Market Date
- 2026-09-28
- Listing Terms
- Standard
Interior Features
- Laundry
- Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Rectangular Lot
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 3
Community Features
- Subdivision
- Other
- Community Features
- Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks
The record
Property History for 120 Lisa Lane
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 28, 2026 | Listed for sale | $2,375,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$18,223/mo
10% down · 30-year fixed · $237,500 down
Principal & interest$14,264
Mortgage insurance (est., over 80% LTV)$891
Property tax (est. 1.2%)$2,375
Home insurance (rough est., varies widely)$693
HOANot reported, not included
$15,747/mo
20% down · 30-year fixed · $475,000 down
Principal & interest$12,679
Property tax (est. 1.2%)$2,375
Home insurance (rough est., varies widely)$693
HOANot reported, not included
$14,162/mo
30% down · 30-year fixed · $712,500 down
Principal & interest$11,094
Property tax (est. 1.2%)$2,375
Home insurance (rough est., varies widely)$693
HOANot reported, not included
Estimated carrying cost
$3,068/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.2%)$2,375
Home insurance (rough est., varies widely)$693
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Costa Mesa rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 120 Lisa Lane
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Selling near 120 Lisa Lane
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The neighborhood
About Costa Mesa
Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.
Location
Location
Photographs
Photos of 120 Lisa Lane, Costa Mesa
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Listed by Rick Applebaum of Morgan Skenderian
Listing information updated Sep 28, 2026 at 12:03 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.