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$3,000,000
15 Beds
5.5 Baths
4,809 SqFt
0.39 Acre Lot
17,023 Sqft Lot
Status Activeundercontract
Property Type Condominium
Price Type
Year Built 1952
Neighborhood Eastside South (escm)
Days on Website 11

Property Map

$3,000,000 – 2422 Santa Ana Avenue, Costa Mesa, CA 92627

Street View

Property listed by Pacific Sotheby’s Int’l Realty, Jon Flagg {attribution_contact}

Description

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 Ave, a truly rare, exceptional investment opportunity featuring a treasured, five free-standing units, sited on an extremely 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 very unique multifamily, generational gem.

Property Details and Features

Bathrooms

  • 1 half bathroom
  • 6 main level bathrooms
  • 5 full bathrooms
  • 6 total bathrooms

Bedrooms

  • 15 main level bedrooms
  • 15 total bedrooms

Building

  • Built in 1952
  • Levels: One
  • Living area: 4809
  • 1 story
  • Common walls: NoCommonWalls

Community

  • Biking
  • Curbs
  • Fishing
  • Golf
  • Hiking
  • HorseTrails
  • Park
  • PreservePublicLand
  • Suburban
  • WaterSports

Cooling

  • None

Fireplaces

  • None

Floors

  • Tile

Garage

  • 3 spaces

Interior Features

  • AllBedroomsDown

Laundry

  • WasherHookup

Listing

  • ListingID: NP24193953
  • Standard status: ActiveUnderContract
  • 10 days on market

Location

  • Country: US
  • Subdivision name: Eastside South (ESCM)

Lot

  • 0.3908 acres
  • 17,025 square feet
  • Size: 17,025
  • ZeroToOneUnitAcre

Parking

  • 3 totals parking

Pool

  • None

Property

  • None

Sewer

  • PublicSewer

Spa

  • None

Utilities

  • CableAvailable
  • ElectricityConnected
  • NaturalGasConnected
  • PhoneAvailable
  • SewerConnected
  • WaterConnected

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