18
Map
$1,699,000
↑ $100K (6.3%)
●
House -
For Sale
1586 Orange
Costa Mesa, CA 92627
2 Beds
1 Bath
828 Ft²
$8,343
Est. Monthly
About This Property
Presenting a rare gem of a lot in one of the most sought-after
areas of Costa Mesa, this prime real estate offering is perfectly
situated in Eastside Heights, providing a unique canvas for
visionary developers ready to create innovative new constructions.
Zoned R2, the property allows for multi-family residential
development. Nestled in a thriving neighborhood, this lot boasts
proximity to vibrant local amenities, sandy beaches, and trendy
dining options, ensuring future residents enjoy a desirable
lifestyle. With ample space to bring your vision to life, the lot
invites creative designs. Bring your shovel and ideas; this is a
rare opportunity to shape the future of this already vibrant
Eastside Heights with your unique design concepts. Don't miss out
on this exceptional offering secure your piece of Costa Mesa while
it's available.
Unit Size
828 Ft²
Days on Market
239 days
Land Size
0.14 acres
Price per sqft
$2,052
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #PW26035843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2026 | Price Increased |
$1,699,000
↑ $100K
(6.3%) | |
| Price Increased | |||
| Mar 21, 2026 | Relisted | $1,599,000 | |
| Relisted | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by The Oppenheim Group | $1,599,000 | |
| Listed by The Oppenheim Group | |||
Property Highlights
Fireplace
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsDown
Laundry Features: None
Fireplace Features: None
Exterior Details
Square Footage: 828
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1941
Levels: One
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 6098
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Tax Lot: 43
Water Source: Public
Utilities Details
Cooling Type: None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
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Listed by: Justin Itzen, The Oppenheim Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW26035843
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW26035843
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