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1586 Orange — Costa Mesa — 2 Beds • 1 Bath • 828 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+14 more

$1,599,000

46 DOM

$1,931/sqft2 bd1 ba828 sqft

Call

1586 Orange Costa Mesa, CA 92627

6,098sqft lot

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.

MLS PW26035843

949-807-1696 (Office) justin@ogroup.com

Est. payment

$10,217/mo

Principal & interestTaxesInsurance

$8,085$1,666$466

Down %

Rate %

Years

Down payment: $319,800 · Total cost: $3,230,549

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$10,217/mo

Principal & interest: $8,085
Est. property tax: $1,666
Est. insurance: $466
Down payment: $319,800

Est. gross rent$6,663/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,554/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 24, 2026	$1,599,000	—

Facts & Features

Structure & Property

Year Built1941

949-807-1696 (Office) justin@ogroup.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1586 Orange, Costa Mesa, CA 92627

Get Directions

Call

1586 Orange Costa Mesa, CA 92627

About this home

Justin Itzen

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Justin Itzen

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1586 Orange, Costa Mesa, CA 92627

About This Property

Property Photos

1586 Orange Costa Mesa, CA 92627

About this home

Justin Itzen

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Justin Itzen

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.