5,181 sqft

$3,330,000

2585 Orange Avenue, Costa Mesa CA, 92627

Price per sqft$642.73

Built in1955

Property size5,181 sqft

Property typeCondominium

Bought with Cameron Jacques with Kinnery's Brokerage House and Listed by Cameron Jacques CA DRE# 01852032 with Kinnery's Brokerage House 310-490-8134

Overview

Sold

Closed

Listed Apr 10, 2025

Updated Jun 19

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 will be in high demand!

Additional information

MLS^® ID: PW25077806

Interior Features

Fireplace: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.54 Acres

Other Property Details

Garage: Yes
View: Yes
55+/Senior Community: No

Bought with Cameron Jacques with Kinnery's Brokerage House and Listed by Cameron Jacques CA DRE# 01852032 with Kinnery's Brokerage House 310-490-8134

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:51 PM UTC Last Checked: 1:51 PM UTC