Cottage, Traditional

273 Virginia Place

Costa Mesa , CA 92627

MLS#: NP25218933

$2,099,995

Status: Active
Listing number: NP25218933
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 17 days ago
On site: 23 days ago
Browse Properties
Eastside Central (ECCM) - Residential

Property

Beds

5

Full Baths

3

1/2 Baths

None

Year Built

1959

Sq.Footage

2,151

Welcome to 273 Virginia Place, Eastside Costa Mesa — two fully detached homes on one spacious lot. This rare income property offers the best of both worlds: live in one, rent the other, or hold as a high-demand investment in one of Orange County’s most sought-after neighborhoods. Set on a generous 7,577 sq. ft. lot, you’ll find two charming 1950’s cottages totaling over 2,100 sq. ft. of living space. The front home is a freshly updated 3-bedroom, 2-bath retreat with approximately 1,200 sq. ft. Bamboo flooring, crisp white paint, stainless steel appliances, refreshed kitchen cabinets, reglazed baths, new bath fixtures, new vanities, new toilets, new light fixtures, new ceiling fans, and designer touches throughout create a bright, modern vibe. All the hard work has been done — this is a true turnkey opportunity that lives like a stand-alone Eastside home, perfect for an owner-user, or attracting high-caliber tenants. The rear home is a 2-bedroom, 1-bath sanctuary of about 950 sq. ft., featuring elegant tile floors, light updates, and a secluded and spacious rear yard that feels like its own hidden oasis. An excellent long-term tenant is already in place on a month-to-month lease, providing immediate income. Each home has its own single-car garage, private driveway, and laundry hookups. Parking is plentiful with space for 2–3 cars per unit. Recent property upgrades include fresh interior and exterior paint, new vinyl fencing, new vinyl gates, new rear-unit entryway and updated landscaping. Eastside Costa Mesa is prized for its walkability, charm, beach weather and its location in the renowned Newport Mesa Unified School District. Walk to nearby Kaiser and Woodland Elementary Schools, or have a short bike ride or drop off to Newport Beach middle and high schools, Ensign and Newport Harbor. Stroll or bike along the Back Bay, hop on the nearby freeway in minutes, or explore nearby shops, restaurants, and nightlife on vibrant 17th Street. With no HOA, plenty of outdoor space, and strong rental demand, this property checks every box. Whether you’re looking for a 1031 exchange replacement, a smart investment, or a home that pays you back, 273 Virginia Place delivers. Properties like this almost never hit the market — don’t miss your chance to own a rare two-on-a-lot in one of Orange County’s hottest neighborhoods.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Laminate Counters, Open Floorplan, Stone Counters, Recessed Lighting, See Remarks, Storage, Walk-In Closet(s)

  • Total Bedrooms

    5

  • Bathrooms

    3

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    See Remarks, Wall Furnace

  • Main Level Bedrooms

    5

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Stone, Stucco

  • Other Exterior Features

    Garden, Lighting

  • Parking

    Attached, Direct Access, Driveway, Garage Faces Front, Garage, On Site, Other, Tandem

  • Patio and Porch Features

    Rear Porch, Front Porch, Patio, Porch

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Features

    Back Yard, Front Yard, Garden, Landscaped, Level, Paved, Rectangular Lot

  • Lot Size(acres)

    0.1739

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Cottage, Traditional

Price

  • Sales Price

    $2,099,995

  • Sq. Footage

    2, 151

  • Price/SqFt

    $976

HOA

  • Association

    NO

School District

  • Elementary School

    Kaiser

  • Middle School

    Ensign

  • High School

    Newport Harbor

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    426

  • Water Source

    Public

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Location

County

Orange

Elementary School

Kaiser

Middle School

Ensign

High School

Newport Harbor

Listing Courtesy of Devin Lucas , Coldwell Banker Realty

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Welcome to 273 Virginia Place, Eastside Costa Mesa — two fully detached homes on one spacious lot. This rare income property offers the best of both worlds: live in one, rent the other, or hold as a high-demand investment in one of Orange County’s most sought-after neighborhoods. Set on a generous 7,577 sq. ft. lot, you’ll find two charming 1950’s cottages totaling over 2,100 sq. ft. of living space. The front home is a freshly updated 3-bedroom, 2-bath retreat with approximately 1,200 sq. ft. Bamboo flooring, crisp white paint, stainless steel appliances, refreshed kitchen cabinets, reglazed baths, new bath fixtures, new vanities, new toilets, new light fixtures, new ceiling fans, and designer touches throughout create a bright, modern vibe. All the hard work has been done — this is a true turnkey opportunity that lives like a stand-alone Eastside home, perfect for an owner-user, or attracting high-caliber tenants. The rear home is a 2-bedroom, 1-bath sanctuary of about 950 sq. ft., featuring elegant tile floors, light updates, and a secluded and spacious rear yard that feels like its own hidden oasis. An excellent long-term tenant is already in place on a month-to-month lease, providing immediate income. Each home has its own single-car garage, private driveway, and laundry hookups. Parking is plentiful with space for 2–3 cars per unit. Recent property upgrades include fresh interior and exterior paint, new vinyl fencing, new vinyl gates, new rear-unit entryway and updated landscaping. Eastside Costa Mesa is prized for its walkability, charm, beach weather and its location in the renowned Newport Mesa Unified School District. Walk to nearby Kaiser and Woodland Elementary Schools, or have a short bike ride or drop off to Newport Beach middle and high schools, Ensign and Newport Harbor. Stroll or bike along the Back Bay, hop on the nearby freeway in minutes, or explore nearby shops, restaurants, and nightlife on vibrant 17th Street. With no HOA, plenty of outdoor space, and strong rental demand, this property checks every box. Whether you’re looking for a 1031 exchange replacement, a smart investment, or a home that pays you back, 273 Virginia Place delivers. Properties like this almost never hit the market — don’t miss your chance to own a rare two-on-a-lot in one of Orange County’s hottest neighborhoods.

273 Virginia Place

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