Movoto Real Estate
Sold on 01/08/2026

2383 Orange Ave, Costa Mesa, CA 92627

  • $4,350,000

    Last sold 01/08/2026 after 86 Days

  • 14

    bed

  • 7

    bath

  • 6,292

    Sqft ($691/Sqft)

Multi-family not for sale
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About 2383 Orange Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 0.44 Acre
Parking 8 garage spaces
Property description
Rare Eastside Costa Mesa opportunity featuring 100% single-story, two-bedroom cottage units with no shared living walls for exceptional privacy. First time on the market in over 20 years, this well-maintained 7-unit property offers strong value-add potential with rents approximately 31% below market. Recent improvements include new roofs on all buildings. Prime location near top dining, retail, and just minutes from Newport Beach.
Listed by
Listing Agent - Michael O'Neill II
Listing Office - CB Richard Ellis, Inc.
Source: The MLS mls logo
MLS#25605429 • last updated 5 months ago
Movoto checked The MLS for data 9 minutes ago
Overview
Levels/Style One
MLS # 25605429
Type Residential Income
Status Sold
SqFt 6292
Lot Size (SqFt) 19200
Lot Size (Acres) 0.4413
Year Built 1968
Interior
Total # of Baths 7
Total # of Bedrooms 14
Exterior
# Garage Spaces 8
# Parking Spaces 13
Parking Desc Garage, Uncovered
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Orange
APN 439-262-20
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 22800
Unit 1: # Beds 2
Unit 1: Rent 2849
Unit 2: Rent 3300
Unit 2: Furnished No
Unit 2: Projected Rent 4000
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 3300
Unit Type 2106, 2107
Unit 1: Actual Rent 17095
Total # Of Buildings 7
Net Operating Income 159284
Vacancy Rate 3%
Gross Income 244740
Gross Operating Income 237398
Gross Rent Multiplier 18.39
Total Annual Expenses 78114
We are not permitted to show value estimates for this property.
  • Mar 2026
    Public Records
  • Mar 11, 2026 Sold
    $4,350,000
  • Mar 2026
    mls logo MLS # 25605429
  • Mar 11, 2026 Sold
    $4,350,000 (-3.3%)
  • Jan 8, 2026 Pending
  • Jan 8, 2026 Active
  • Oct 13, 2025 Listed
    $4,500,000
  • Year Property taxes Tax assessment
  • 2024
    $28,462 +3.2%
    $2,248,026
  • 2023
    $27,569 +2.4%
    $2,248,026 +4.04%
  • 2022
    $26,930 +2.8%
    $2,160,734
  • 2021
    $26,203 +1.4%
    $2,160,734 +2.0%
  • 2020
    $25,852
    $2,118,367
  • 2383 Orange Ave
    $4.35M
  • Eastside Costa Mesa
    $1.69M -15% y/y
  • 92627
    $1.29M 0% y/y
  • Costa Mesa
    $1.35M -6% y/y
No chart available
Statistics calculated by Movoto

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8/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • 2383 Orange Ave
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