2515 Orange Avenue, Costa Mesa, CA 92627

$2,450,000

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List Price
$2,450,000
Status
ACTIVE
MLS#
PW26218443
Year Built
1964
Lot Size
8,373
Acres
0.19
Days on Market
1
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Pleased to present 2515 Orange Avenue, a 3-unit investment opportunity located in the highly desirable Eastside neighborhood of Costa Mesa, bordering Newport Beach. Offered for sale for the first time in over 20 years, the property is comprised entirely of spacious, single-story 3-bedroom, 2-bathroom units, each averaging approximately 1,100 square feet. This difficult-to-replicate unit mix provides residents with generous living spaces and a residential feel rarely found in traditional multifamily properties. Each unit includes a dedicated carport plus an additional open parking space, and the property also benefits from the recent installation of a new roof (2026). With its premier Eastside location, large three-bedroom floor plans, and strong rental demand, 2515 Orange Avenue represents a unique opportunity to acquire a well-maintained multifamily asset in one of Orange County’s most sought-after coastal-adjacent rental markets.

Additional Information

Taxes
$27,962
Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$113,700
Operating Expense
40915

Listing courtesy of Listing Agent: Damien Breaux (db@morganskenderian.com) from Listing Office: Morgan Skenderian.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.