2515 Orange Avenue Costa Mesa, CA $ 2,450,000
2515 Orange Avenue
$ 2,450,000
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2515 Orange Avenue

Costa Mesa, CA, 92627
$ 2,450,000
Bedrooms-- Baths2.0 Sq 3,307

Monthly Estimate*

$ 16,922

Listed by Damien Breaux, Morgan Skenderian, db@morganskenderian.com
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 1
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 2
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 3
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 4
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 5
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 6
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 7
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 8
2515 Orange Avenue, Costa Mesa, CA 92627 - Image 9

Multi-Family Home for sale in Costa Mesa, CA

for $2,450,000 with 2 full baths. This 3,307 square foot home was built in 1964 on a lot size of 0.1922.

Pleased to present 2515 Orange Avenue, a 3-unit investment opportunity located in the highly desirable Eastside neighborhood of Costa Mesa, bordering Newport Beach. Offered for sale for the first time in over 20 years, the property is comprised entirely of spacious, single-story 3-bedroom, 2-bathroom units, each averaging approximately 1,100 square feet. This difficult-to-replicate unit mix provides residents with generous living spaces and a residential feel rarely found in traditional multifamily properties. Each unit includes a dedicated carport plus an additional open parking space, and the property also benefits from the recent installation of a new roof (2026). With its premier Eastside location, large three-bedroom floor plans, and strong rental demand, 2515 Orange Avenue represents a unique opportunity to acquire a well-maintained multifamily asset in one of Orange County’s most sought-after coastal-adjacent rental markets.

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Multi-Family Active

Price

$ 2,450,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 27,962

Style

Lot Size

0.1922

Year Built

1964

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

PW26218443

Days on Market

4

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1964
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Curbs Gutter(s) Street Lights Sidewalks
County Orange
Net Operating Income 69374
Operating Expense 40915
Insurance Expense 3307
New Construction false
Property Type Residential Income
MaintenanceExpense 4526
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South of Del Mar Ave and East of Elden Ave
City Costa Mesa
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8373
Carport Spaces 3
Carport Y/N true
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 27962
Electric Expense 855
Fuel Expense 855
Trash Expense 855
Water Sewer Expense 855
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 120
Property Sub Type Additional Triplex
Taxes 27962
Cap Rate 2.8
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Laundry Features Inside
Entry Level 1
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Exterior
Water Source Public
Total Parking 6
Lot Size Area 8373
Number of Buildings 1
Building Area Total 3307
Lot Size Acres 0.1922
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Damien Breaux

Listing Agent

Morgan Skenderian

Broker

db@morganskenderian.com

Email

Affordability Calculator

$19,252
Per Month
88%
12%
0%
Monthly Principal & Interest
$16,922
Monthly Property Taxes
$2,330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$2,450,000 Listed Price

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2515 Orange Avenue, Costa Mesa, CA, 92627 is a Multi-Family Home for sale at $2,450,000 with 3,307 sqft and a lot size of 0.1922. 2515 Orange Avenue has 2.0 baths and was built in 1964. The property's zip code is 92627 which is in Costa Mesa, CA