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Listed by Christian Walsh, DRE #01804983 • Berkshire Hathaway HomeServices California Properties
$ 3,799,000
Est. payment /mo
New
1550 Orange AVE Costa Mesa, CA 92627
8,760 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26226196
Style Bungalow
Year Built 1948
Lot Size 8,760 Sqft
Source California Regional MLS
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.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 6.0
Pool None
View Local/Neighborhood
Roof Type Composition
Building
Story One Story
Water District - Public
Architectural Style Bungalow
Others
Tax ID 42533301
Special Listing Condition Not Applicable
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