1550 Orange Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income - Triplex
- Year built
- 1948
- Lot size
- 8,760 sq ft
- Parking
- 6 spaces
- Stories
- 1
- Days on market
- 0
- MLS status
- Active
- Architectural style
- Bungalow
Features & Amenities
Parking
- Assigned
- Driveway
Pool
- None
Lot
- Corner Lot
Community, Schools & Utilities
Community
- Subdivision
- Eastside Heights (EHCM)
- View
- Neighborhood
Utilities
- Heating
- Ductless
- Cooling
- Ductless
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1550 Orange Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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