2121 Orange Avenue, Costa Mesa, California 92627, Costa Mesa, 92627 - 4 bed, 4 bath
ACTIVE$2,095,000$2,074/sqft
2121 Orange Avenue, Costa Mesa, California 92627
4Beds
4Baths
2,074Sqft
7,841Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Situated in the highly desirable Eastside Costa Mesa neighborhood, offering close proximity to local parks, beaches, top-rated schools, and abundant dining, shopping, and amenities along 17th Street, ensuring strong tenant demand and appreciation potential.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2074, other record living area = 1582.
Compared to the nearby listings
Price:$2.10M vs avg $1.70M (+$395,000)73%
Size:2,074 sqft vs avg 2,074 sqft50%
Price/sqft:$1.0K vs avg $97682%
More Insights
Built in 1976 (50 years old).
Condition: Built in 1976, this triplex has undergone significant updates, including dual-pane windows, stainless steel appliances, recessed lighting, and updated kitchens and bathrooms across the units. The kitchens feature modern appliances and granite-look countertops, while bathrooms boast contemporary vanities and tiling. Although some units have carpet and central air conditioning is absent (with window AC units visible in some areas), the property is well-maintained and move-in ready, reflecting renovations within the last 5-15 years, aligning with a 'Good' condition.
Year Built
1976
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$1,010
HOA
-
Days on market
-
Sold On
-
MLS number
NP25277589
Home ConditionGood
Features
Deck
Patio
View-
About this home
We are pleased to present the sale of 2121 Orange Ave, a well-maintained three-unit multifamily property located in the highly desirable Eastside Costa Mesa neighborhood. The property is comprised of (2) 1-bedroom/1-bathroom units and (1) 2-bedroom/2-bathroom unit. Both 1-bedroom units offer private patios, while the rear 2-bedroom unit includes a spacious private backyard. Each unit features dual-pane windows, stainless steel appliances, recessed lighting, private laundry hookups, generous outdoor space, and separate gas and electricity meters. Ideally situated, this asset provides close proximity to local parks, beaches, top-rated schools, and the abundant dining, shopping, and amenities along 17th Street.
C
Christopher Maddy
Listing Agent
Nearby schools
8/10
Heinz Kaiser Elementary School
Public,•3-6•0.3mi
/10
Woodland Elementary School
Public,•PK-2•0.5mi
8/10
Mariners Elementary School
Public,•PK-6•1.2mi
8/10
Newport Heights Elementary School
Public,•K-6•2.8mi
4/10
Monroe Elementary School
Public,•K-5•5.2mi
7/10
Horace Ensign Intermediate School
Public,•7-8•2.1mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.4mi
7/10
Newport Harbor High School
Public,•9-12•1.7mi
3/10
Century High School
Public,•9-12•6.6mi
Price History
Date
Event
Price
12/22/97
Sold
$67,000
Condition Rating
Good
Built in 1976, this triplex has undergone significant updates, including dual-pane windows, stainless steel appliances, recessed lighting, and updated kitchens and bathrooms across the units. The kitchens feature modern appliances and granite-look countertops, while bathrooms boast contemporary vanities and tiling. Although some units have carpet and central air conditioning is absent (with window AC units visible in some areas), the property is well-maintained and move-in ready, reflecting renovations within the last 5-15 years, aligning with a 'Good' condition.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Eastside Costa Mesa neighborhood, offering close proximity to local parks, beaches, top-rated schools, and abundant dining, shopping, and amenities along 17th Street, ensuring strong tenant demand and appreciation potential.
Income-Generating Triplex: A well-maintained three-unit multifamily property (triplex) provides diversified rental income streams, making it an attractive investment asset.
Modern Unit Amenities: Each unit features desirable upgrades such as dual-pane windows, stainless steel appliances, recessed lighting, and private laundry hookups, enhancing tenant appeal and reducing landlord maintenance.
Private Outdoor Spaces: The property offers generous outdoor space, including private patios for the 1-bedroom units and a spacious private backyard for the 2-bedroom unit, a highly sought-after amenity for renters.
Operational Efficiency: Separate gas and electricity meters for each unit ensure tenants are responsible for their utility consumption, minimizing landlord operating expenses.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2074, other record living area = 1582.
Age of Construction: Built in 1976, while well-maintained, the property's age may indicate older underlying infrastructure (e.g., plumbing, electrical systems) that could require significant capital expenditure in the long term.
Lack of Premium Views: The property does not offer any notable or premium views, which could be a limiting factor for achieving top-tier rental rates or resale value compared to properties with scenic outlooks.
Absence of Central Air Conditioning: The property description does not mention central air conditioning, which could be a drawback for tenant comfort during warmer months and potentially impact marketability in a competitive rental landscape.