$3,799,000

Multi Family In Costa Mesa

  • 4 Beds
  • 4 Baths
  • 8,760 Sqft lot
  • Updated: Today
  • Source:
    San Diego MLS  MLS#PW26226196

About the Property

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 its time to refinance or sell. All six are single-story 1-bed/1-bath units with a p
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 its 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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  • Property type

    Other

  • Floors

    1

Features

  • Garden
  • Renovated
  • Laundry Room
  • Investment Property
  • Parking
  • Air Conditioning
  • Outdoor Living Space
  • Kitchen island
  • Gate
Features

Lot

  • Investment Property
  • Renovated

Indoor

  • Air Conditioning
  • Kitchen island
  • Bar
  • Laundry Room
  • Stone Countertops

Outdoor

  • Parking
  • Outdoor Living Space
  • Gate
  • Garden

Explore the Area

1550 Orange Avenue, Costa Mesa, California, United States View on Google Maps
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Berkshire Hathaway HomeServices California Properties - Newport Beach

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Berkshire Hathaway HomeServices California Properties - Newport Beach
California, United States
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Berkshire Hathaway HomeServices California Properties - Newport Beach
Newport Beach, California, United States
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Last updated
Today
First listed
October 29
Listing reference
PW26226196
Listing status
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