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1586 Orange Ave, Costa Mesa, CA, 92627

2beds
1baths
828sqft
$1,699,000
$2,052price/sqft
$11,769/moest. monthly cost
$470,760/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
37
TransitSome Transit
64
BikeBikeable

Schools

9/10

Construction

Condition

  • Year built: 1941

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: None

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Cooling

  • Cooling features: None

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 828 sqft

Property

Details

  • Parcel number: 42533403
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front Door
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,098 sqft
  • Features: 0-1 Unit/Acre

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,591$103,092
Home Insurance *$162$1,944
Property Taxes $2,618$31,416
Electricity $398$4,786
Total$11,769$141,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$403,508/yr
40% on housing$353,070/yr
45% on housing$313,840/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,052This listing

vs Other Active Listings

Avg $/sqft

ZIP 92627$720
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92627$1,021
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-20Listed for sale$1,599,000
2026-03-02Contingent$1,599,000
2026-02-25Listed for sale$1,599,000
2026-02-11Sold$1,364,000
2025-12-04Listing removed$1,800
2025-11-17Listed for rent$1,800
2025-02-13Listing removed$1,800
2025-02-06Listed for rent$1,800
2023-06-03Listing removed--
2023-05-06Listed for rent$1,800
2022-10-14Listing removed--
2022-10-04Listed for rent$1,800

For Sale by Agent

AgentJustin Itzen
BrokerageThe Oppenheim Group

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