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1580 Orange Ave, Costa Mesa, CA 92627
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1580 Orange Ave Costa Mesa, CA 92627

$3,357,710 Sold Price as of 02/16/2024
  • 7 Beds
  • 4 Baths
  • 3,100 Sq.Ft.
Sold
$3,357,710 Sold Price as of 02/16/2024 Refinance Your Mortgage
Map preview of 1580 Orange Ave, Costa Mesa, CA 92627

Property Overview: 1580 Orange Ave Costa Mesa, CA has 7 bedrooms, 4 bathrooms, 3,100 living square feet and 9,226 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The perfect Costa Mesa triplex located on a sunny corner lot. Great owner user opportunity or rent all 3 units with current gross rents of $192,000/year. The front detached unit 1580 Orange is a charming black bungalow (on approx. 4,000 s/f lot), the duplex faces Knox place (on approx. 5,500 s/f lot). With 220' of street frontage each unit feels like a single family residence. The front unit (3 bedroom/2 baths) has been completely reimagined with no expense sparred and has never been lived in since it's redo. The duplex consists of two 2bd/1bath units both of which have been completely remodeled in 2023. With 11 total parking spots (1 garage, 3 carports and 7 open) there is ample parking. As you step into 1580 Orange through a cedar wood fence and a white Oak wood Dutch door, the functional and flowing floor plan provide a beach chic vibe. The breakfast peninsula welcomes you to a brand-new kitchen that was designed with white Cafe appliances, custom Moroccan Zellige tile work, and unique details such as a plaster hood, farmhouse sink and open white oak shelving. French doors open to a private wood deck space lined with ficus, and the back and side yard are perfect for a cold plunge and outdoor sauna. The master and guest bathrooms feature high-end custom tile, and the indoor laundry room is discreetly tucked behind a pocket door with custom cabinetry inside. A well-known local landscape designer has crafted the new cedar wood fencing and landscaping, providing an ideal space for relaxation and entertainment. With a EV charger and new HVAC system, this property seamlessly combines style and functionality. The property is located in one of the most desirable rental markets in Orange County, 1 mile from the shores of Newport Beach, 1 block from 17th street and a half block to local park.

Listed by Derek Winberry | BRE #01969415 | The W Realty Group
Last checked: 8 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
9,226
HOA Dues
$0/mo
Year built
1940
Garage
1 Car
Property Type:
Triplex
Status
Sold
MLS#
NP24011022
City
Costa Mesa
County
Orange
Time on Site
103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.35%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $192,000
  • Net Operating Income: $166,700
  • Gross Operating Income: $176,700
  • Vacancy Allowance: $9,300
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $300
  • Gardener: $3,240
  • Insurance: $2,500
  • Water/Sewer: $500

Property Details for 1580 Orange Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Ductless, ENERGY STAR Qualified Equipment, Gas
Heating Information
  • Has Heating
  • Central, Ductless, ENERGY STAR Qualified Equipment, Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, In Carport, In Garage, Individual Room, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl, Wood
  • Attic, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
Interior Features
  • Block Walls, Recessed Lighting, Stone Counters, Storage
  • Levels: One
  • Window Features: Casement Windows, Double Pane Windows, ENERGY STAR Qualified Windows
  • Security Features: Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters
  • Has Fence
  • Block, Excellent Condition, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Built-In Storage, Carport, Attached Carport, Detached Carport, Covered, Driveway, Concrete, Garage, Garage - Single Door, Parking Space
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Level, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 42533401
  • Year Built Source: Public Records
  • Architectural Style: Bungalow, Cottage
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Accessibility Features: Parking
  • Offered With Property: all brand new appliances including 3 refrigerators, 3 dishwashers, 3 microwaves, 2 washer and dryer sets, 3 range ovens.
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside Heights (EHCM)
  • Directions: From 17th street go South West on Orange Avenue, left on Knox Place property is on the corner.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Costa Mesa Agent

Sale History for 1580 Orange Ave

Last sold for $3,357,710 on February 16th, 2024

  • February, 2024

  • Feb 22, 2024

    Date

    Canceled

    CRMLS: NP23176549

    $7,500

    Price

  • Oct 28, 2023

    Date

    Active

    CRMLS: NP23176549

    $8,500

    Price

  • Listing provided courtesy of CRMLS

    Don't miss this extraordinary opportunity to secure a recently remodeled home that's essentially brand new construction! Located in a highly desirable area, this property feeds into Newport Heights Elementary School, offers a 5-minute walk to 17th Street, and is just a 10-minute bike ride to the beach. This home has undergone a complete transformation with no expenses spared. Enter through a new White Oak wood dutch door into a spacious great room layout. The living room flows into the dining area then into the breakfast peninsula ending in the completely remodeled kitchen. The kitchen features all-new white Cafe appliances, custom handmade Moroccan Zellige tile work and custom cabinets. Another wood dutch doors gives access to the private carport area with all new concrete, ficus hedges and cedar fencing. French doors off the dining area lead to a private wood deck space, enclosed by ficus. Adjacent to the private outdoor deck is an outdoor shower perfect for those sandy beach days. The back and side yard offer enough space for both a cold plunge and outdoor sauna. Wide plank White Oak wood flooring throughout the house provide a warm and elegant feel. High end custom tile in the master bathroom and guest bathroom. The indoor laundry room is located behind a pocket door in a hallway. There is ample parking space with new concrete for the carport area and two open parking spots. The new cedar wood fencing and new landscaping by popular locale landscape designer offer multiple area to relax and entertain. This beautifully remodeled home offers modern amenities, an unbeatable location, and attention to detail throughout. Don't miss the opportunity to make this your new home. The subject is located on the corner of Orange Avenue and Knox Place. *Easiest to enter off Knox Place*. Pets okay.

  • February, 2024

  • Feb 16, 2024

    Date

    Sold

    CRMLS: NP24011022

    $3,357,710

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: NP24011022

    $2,995,000

    Price

  • June, 2023

  • Jun 24, 2023

    Date

    Leased

    CRMLS: NP23101365

    $4,000

    Price

  • Jun 9, 2023

    Date

    Active

    CRMLS: NP23101365

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss this opportunity to secure a newly remodeled 2 bed, 1 bath haven in sought-after East Side Costa Mesa, it's only a 5 minute walk to 17th street, 10 minute bike ride to the beach. The bathroom was completely upgraded and the brand new kitchen has new shaker style cabinets, brass fixtures, open White Oak shelving, new appliances and flooring. Additional amenities include new mini-split air conditioning and heat, washer/dryer hookups, 3 parking spots (2 open, 1 carport) and private front and backyard. We've updated this home with love and hope to find tenants who will cherish it. Pets okay. Owner pays for water, gardener and trash. *The property faces Knox Place*.

  • September, 2003

  • Sep 3, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1580 Orange Ave

Assessed Value (2020): $77,919
Year Land Value Improved Value Assessed Value
2020 $36,622 $41,297 $77,919

Home Value Compared to the Market

This property vs the competition

1580 Orange Ave sold on February 16, 2024 for 118.61% higher 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 $966.13 per/sqft which puts the price per square foot 23.39% higher than the current median sale per square foot for the city of Costa Mesa.

About 1580 Orange Ave

Detailed summary of property

1580 Orange Ave is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 7 bedrooms, 4 bathrooms, roughly 3,100 living square feet, and sits on an approximately 9,226 square foot lot. 1580 Orange Ave was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner sold the property for $3,357,710. 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 118.61% higher than the current median priced home. Local homes that are currently for sale include 1532 Miramar Drive, 1532 Miramar Drive and 205 Huntington St. While the average home in Costa Mesa, CA is selling in 29 days, 1580 Orange Ave has a days on market of 7 days. There are currently 117 homes for sale in the Costa Mesa real estate market and 88 of them are single family homes while 11 of them are condos and 18 are townhomes. For more information on this home for sale at 1580 Orange Ave 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 1580 Orange Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
9,227
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
43
APN
425-334-01

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
$1,399,000
Median List Price/Sq.Ft.
$843
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
70
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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1580 Orange Ave

1570 Orange Ave, Costa Mesa, CA 92627
$1,620,000 Last Sold Price
4 Beds
2 Baths
1904 Sq.Ft.
1570 Orange Ave
Costa Mesa, CA 92627
1554 Orange Ave, Costa Mesa, CA 92627
$1,300,000 Last Sold Price
3 Beds
3 Baths
1600 Sq.Ft.
1554 Orange Ave
Costa Mesa, CA 92627
1550 Orange Ave, Costa Mesa, CA 92627
$1,300,000 Last Sold Price
3 Beds
3 Baths
1600 Sq.Ft.
1550 Orange Ave
Costa Mesa, CA 92627
231 Knox St, Costa Mesa, CA 92627
$1,855,000 Last Sold Price
6 Beds
4 Baths
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231 Knox St
Costa Mesa, CA 92627

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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.

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