2422 Santa Ana Ave, Costa Mesa, CA 92627
$3,000,000 Mortgage Calculator Sold on Oct 25, 2024 Condominium
Property Details
About this Property
This fabulous, five-unit property in desirable Eastside Costa Mesa has been in the same family for decades, lovingly maintained with long-term tenants rarely departing. Introducing 2422 (and 2414) Santa Ana Ave, a truly rare, exceptional investment opportunity featuring a treasured, five free-standing units, sited on a very generous, 17,025 sf, multi-family lot. The unit mix includes four, 3-bedroom/1-bath residences, three of which have an enclosed garage, plus one 3 bedroom, 2-bath unit. All units have low turn-over and month-to-month tenancy agreements in place, generating steady income with the potential for rent increases. The improvement area spans 4,809 square feet (not including garages) and investors can continue the current multifamily residential use, enhance the property’s value with improvements to the units or explore the possibility of constructing new, vertical residences. Ideally situated in a vibrant community close to local amenities, parks, and schools, this is a unique multifamily, generational gem. Drive-by only. Viewing property subject to written offer.This fabulous, five-unit property in desirable Eastside Costa Mesa has been in the same family for decades, lovingly maintained with long-term tenants rarely departing. Introducing 2422 (and 2414) Santa Ana
MLS Listing Information
MLS #
CRNP24193953
MLS Source
California Regional MLS
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Contact Information
Listing Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
License #: 01316048
Phone: (949) 533-7878
Co-Listing Agent
Kyle Flagg
Pacific Sotheby's Int'l Realty
License #: 02095991
Phone: –
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
2422 Santa Ana Ave is a Condominium in Costa Mesa, CA 92627. This 4,809 square foot property sits on a 0.39 Acres Lot and features 15 bedrooms & 5 full and 1 partial bathrooms. It is currently priced at $3,000,000 and was built in 1952. This address can also be written as 2422 Santa Ana Ave, Costa Mesa, CA 92627.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 10, 2024. For the most current information, please contact Jon Flagg, (949) 533-7878
