1550 Orange Avenue, Costa Mesa CA 92627 (Off Market)

For Sale, USD 3,799,000


1550 Orange Avenue, Costa Mesa CA 92627,

Property Type : Multi-Family Home

Property Style : Bungalow

Build Size : 3,200 ft² / 297 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

1550 & 1554 Orange Ave includes six updated beach bungalows on a corner lot in a prime Eastside Costa Mesa location. These are two side-by-side triplexes on two separate parcels with two APNs, so each one can be financed conventionally. Buy both together, finance each separately, and keep more options open when it's time to refinance or sell. All six are single-story 1-bed/1-bath units with a private yard and an assigned parking space, plus an on-site laundry room. The heavy lifting is done: updated electrical and plumbing, new water heaters, a new concrete driveway, and fresh exterior paint. Unit upgrades vary and include new cabinets and/or vanities, new flooring, and mini-split A/C and heat in every unit. 1554 #B is freshly renovated with a conservative pro forma rent of $2,800. Six electric meters, five gas meters, and two water meters. Newport Beach starts a few blocks away... an easy beach cruiser ride to the sand. The 17th Street shops and restaurants, South Coast Plaza, and the 55/73/405 freeways are minutes away.
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1550 Orange Avenue, Costa Mesa CA 92627, United States,California,Costa Mesa is a 3,200ft² Costa Mesa luxury Multi-Family Home listed for sale USD 3,799,000. This high end Costa Mesa Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Costa Mesa or search for luxury properties for sale in Costa Mesa.