1550 Orange Ave #A, Costa Mesa, CA 92627
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1550 Orange Ave #A Costa Mesa, CA 92627

$1,300,000 Sold Price as of 07/20/2022
  • 3 Beds
  • 3 Baths
  • 1,600 Sq.Ft.
Sold
$1,300,000 Sold Price as of 07/20/2022 Refinance Your Mortgage

Map preview of 1550 Orange Ave #A, Costa Mesa, CA 92627

Property Overview: 1550 Orange Ave #A Costa Mesa, CA has 3 bedrooms, 3 bathrooms, 1,600 living square feet and 4,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Time stands still for this set of beach bungalows in a prime Eastside Costa Mesa location! Each little home in the triplex is a one bedroom/one bathroom with private yard space. All three are single story, ground level (two units are on a raised foundation). There have been updates and upgrades over the years, but this unique set of buildings offers a canvas for a creative investor and several income possibilities. Units are separately metered for gas (3 meters) and electric (3 meters). No garages, but each one has an assigned parking spot. Conveniently located near the border with Newport Beach and close to the best that Newport Beach and Costa Mesa offer! Must be sold together with neighboring triplex at 1554 Orange Ave (price is for each). They share the driveway and each triplex has its own Assessor’s Parcel Number (APN).

Listed by Christian Walsh | BRE #01804983 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: July 27th, 2022 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
4,200
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
PW22014131
City
Costa Mesa
County
Orange
Time on Site
841 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,882
  • Net Operating Income: $49,260
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,622
  • Electric: $0
  • Gas/Fuel: $372
  • New Taxes: $14,208
  • Trash: $936
  • Gardener: $0
  • Insurance: $900
  • Water/Sewer: $1,206

Virtual Tour

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Property Details for 1550 Orange Ave #A

Interior Features
Laundry Information
  • No Laundry
  • None
Room Information
  • All Bedrooms Down, Kitchen
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Paved
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 42533301
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside Heights (EHCM)
  • Directions: Corner of Knox and Orange
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

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Sale History for 1550 Orange Ave #A

Last sold for $1,300,000 on July 20th, 2022
  • July, 2022

  • Jul 20, 2022

    Date

    Sold

    CRMLS: PW22014131

    $1,300,000

    Price

  • Jan 28, 2022

    Date

    Active

    CRMLS: PW22014131

    $1,649,000

    Price

  • April, 2020

  • Apr 24, 2020

    Date

    Canceled

    CRMLS: OC20017691

    $1,349,999

    Price

  • Mar 4, 2020

    Date

    Price Change

    CRMLS: OC20017691

    $1,349,999

    Price

  • Jan 29, 2020

    Date

    Active

    CRMLS: OC20017691

    $1,399,999

    Price

  • Listing provided courtesy of CRMLS

    GREAT LOCATION!!! 'EASTSIDE' COSTA MESA NEXT TO NEWPORT BEACH!FRONT SEPARATE DUPLEX PLUS DETACHED REAR UNIT. CORNER LOT!ALL SINGLE-STORY 1 BEDROOM , 1 BATH UNITS. GREAT OPPORTUNITY , DRIVE BY ONLY!

  • April, 2007

  • Apr 27, 2007

    Date

    Sold (Public Records)

    Public Records

    $765,000

    Price

  • June, 2005

  • Jun 3, 2005

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

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Tax History for 1550 Orange Ave #A

Assessed Value (2020): $910,756
Year Land Value Improved Value Assessed Value
2020 $865,218 $45,538 $910,756

Home Value Compared to the Market

This property vs the competition

1550 Orange Ave #A sold on July 20, 2022 for 1.46% lower than the current median sold price for the city of Costa Mesa which is $1,370,000. The median sold price per/sqft for Costa Mesa is $783 and this home is sold at $843.75 per/sqft which puts the price per square foot 7.76% higher than the current median sale per square foot for the city of Costa Mesa.

About 1550 Orange Ave #A

Detailed summary of property

1550 Orange Ave #A is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,600 living square feet, and sits on an approximately 4,200 square foot lot. 1550 Orange Ave #A was first listed on ArdentRealEstateGroup.com on January 28, 2022. The homeowner sold the property for $1,300,000. Home in Costa Mesa are selling for a median price of $1,370,000 and a median price per square foot of $783. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 1.46% lower than the current median priced home. Local homes that are currently for sale include 0 chestnut, 1128 W Diamond St and 2158 W Brownwood Ave. While the average home in Costa Mesa, CA is selling in 32 days, 1550 Orange Ave #A has a days on market of 108 days. There are currently 116 homes for sale in the Costa Mesa real estate market and 92 of them are single family homes while 8 of them are condos and 16 are townhomes. For more information on this home for sale at 1550 Orange Ave #A Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 1550 Orange Ave #A

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
1,156
Lot Size
4,820
Stories
1
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
15
APN
425-333-01

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$869
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
66
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (44.44%), FHA (0%), VA (0%), Cash (38.89%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.