CA > Costa Mesa
Costa Mesa, CA 92627,2585 Orange Avenue
Costa Mesa, CA 92627,2585 Orange Avenue
Costa Mesa, CA 92627,2585 Orange Avenue
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Listed by Cameron Jacques • Kinnery's Brokerage House
$3,700,000
Est. payment /mo
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5,181 SqFt
Active

2585 Orange Avenue Costa Mesa, CA 92627

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Kenneth Er

Kenneth Er

+1(510) 828-8572

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,181 sqft

Price per Sqft $714

MLS Listing ID CRPW25077806

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1955

Lot Size 0.540 Acres

Property Sub-Type Other

Property Description

Spectacular value add investment opportunity! This incredible 7 unit asset is situated on a large open lot in the heart of everything that's wonderful about Southern California! Costa Mesa is the neighboring city to Newport Beach, which houses some of Southern California’s most expensive real estate, high-end car dealerships, magnificent restaurants and boutiques. 2585 & 2589 Orange Ave is situated within a 5 minutes to 15 minute drive to South Coast Plaza, the largest and arguably the best high-end shopping on the West Coast, Newport Peninsula, Fashion Island, Corona Del Mar and Huntington Beach. The asset itself is comprised of One, 3 bedroom x 1 bathroom single family residence – Two, 2 bedroom x 1 bathroom cottages, Two 1 bedroom x 1 bathroom cottages and Two, 1 bedroom x 1 bathroom upper-level units. Each unit has its own garage (7 in total) with 5 carports and 8 additional onsite parking spaces. All seven units have interior laundry. The asset is well managed and beautifully maintained. Current GSI is running approximately 40% below market in current condition. The Single Family Residence and all four cottages have their own large side yards, which create's its own personal space inside a community environment. ADU potential and room to add significant value, this asset

Location

State CA

County Orange

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Laundry Closet, In Garage, In Kitchen

Exterior

View Other

Building

Lot Description Other

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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2585 Orange Avenue

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