2677 Orange Ave
Costa Mesa, CA 92627
REDUCED PRICE · Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Lot Size | 0.49 AC |
| Property Type | Multifamily | Building Size | 7,676 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 2.34/1,000 SF |
| Zoning | R-2, Costa Mesa | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 7,676 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 2.34/1,000 SF |
| Zoning | R-2, Costa Mesa |
Amenities
Unit Amenities
- Balcony
- Fireplace
- Yard
- Linen Closet
Site Amenities
- Laundry Facilities
About 2677 ORANGE AVE , COSTA MESA, CA 92627
2677 Orange Avenue is located in the desirable Eastside Costa Mesa submarket and consists of large two- and three-bedroom floor plans with an average unit size just under 1,100 square feet. Tenants enjoy the community’s close proximity to the Orange County Fair and Events Center as well as the 55, 405, and 73 Freeways. The property is minutes to the 17th Street retail corridor, South Coast Plaza, and the Newport Beach peninsula. A diversified employment base promotes stable fundamentals and keeps vacancies below the metro Orange County rate. Rents have continued to rise and currently vacancies are very low for the area. Costa Mesa specifically benefits from strong renter demographics of young professionals with healthy incomes who are still priced out of home ownership. Median home prices are high and the costs of home ownership are nearly double average apartment rents. These factors influence apartment demand and continued strong occupancy rates.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | - | 1,050 |
| 3+2 | 1 | - | 1,376 |
Property Taxes
| Parcel Number | 439-221-32 | Improvements Assessment | $546,820 |
| Land Assessment | $3,007,528 | Total Assessment | $3,554,348 |
Property Taxes
