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Active Under Contract
1570 Orange Avenue Costa Mesa, CA 92627
$1,199,000

Property listed by Arbor Real Estate, Matt Perry. IDX Contact: 949-673-7600

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  • David Oronoz

    David Oronoz

    Principal | Multifamily Investments

    DRE# 01838862

  • Bobby Aschtiani

    Bobby Aschtiani

    Principal | Multifamily Investments

    DRE# 02048373

  • Chris Pettit

    Chris Pettit

    Founder

    DRE# 01983950

Property Description

INVESTOR OPPORTUNITY – Located just south of 17th Street in the highly desired area of Eastside Heights, this well maintained income property offers two units with open floor plans, inviting front yard areas, and single car garages with individual laundry areas. Each natural light-filled unit offers a spacious living area with an adjacent kitchen and ample storage area. With two sizable bedrooms and a full bathroom, each unit is in adequate condition for today’s leasing market and adjacent to the structure is a large concrete pad that could be utilized for additional parking or fenced off and used as a private outdoor entertaining area. Ideal for the investor or owner/user, both units are separately metered for electricity and gas, offer increased rent potential, and are also just a short distance from all of the conveniences of 17th Street, Fashion Island, South Coast Plaza, John Wayne Airport, and the famed beaches of the Newport Peninsula.

Property Details & Features

Property Type

  • Duplex

Year Built

  • 1968

Property Access

  • City Street
  • Paved

Appliances and Equipment

  • Disposal
  • Gas Oven
  • Gas Range

House

  • 1 total stories
  • Built in 1968
  • Stories: 1
  • 1904 total building sqft
  • Traditional
  • No Common Walls
  • Frame
  • Stucco
  • One

Community

  • Curbs
  • Sidewalks
  • Park

Doors

  • Mirrored Closet Door(s)

Disability Features

  • No Stairs

Fence

  • Wood

Fireplaces

  • Bath
  • Kitchen
  • Living Room
  • Outside

Floors

  • Carpet
  • Tile

Foundation

  • Slab

Garage

  • 2 garage spaces

Heating

  • Wall Furnace

Income

  • Gross Income: 43500
  • Gross Scheduled Income: 43500
  • Net Operating Income: 0

Interior Features

  • Ceiling Fan(s)
  • Open Floorplan
  • All Bedrooms Down
  • Bedroom on Main Level

Laundry

  • Washer Hookup
  • Electric Dryer Hookup
  • In Garage

Listing

  • Listing ID: LG22170035
  • Property Subtype: Duplex
  • 7 days on market
  • Listed on 2022-08-03

Location

  • County: Orange
  • Subdivision: Eastside Heights (EHCM)

Lot

  • 5663 sqft
  • 0.13 acres
  • Area: 5663
  • 0-1 Unit/Acre
  • Corner Lot
  • Front Yard
  • Lawn
  • Level
  • Near Park
  • Near Public Transit
  • Rectangular Lot
  • Street Level
  • Yard

Parking

  • 2 total parking spaces
  • Boat
  • Driveway Level
  • Door-Single
  • Driveway
  • Garage Faces Front
  • Garage
  • Off Street
  • One Space
  • On Street

Possession

  • Negotiable

Property

  • Single building
  • 2 units

Roof

  • Composition

Security System

  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)

Sewer

  • Public Sewer

Tenant Pays

  • Cable TV
  • Electricity
  • Gas

Utilities

  • 2 separate electric meters
  • 2 separate gas meters
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

Windows

  • Screens

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