2422 Santa Ana Avenue, Costa Mesa, CA 92627
-
Listed Price :
$3,000,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1952
Property 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 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.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
2422 Santa Ana Avenue |
| City |
Costa Mesa |
| State |
CA |
| Zip |
92627 |
| County |
Orange |
| Listing Agent |
Jon Flagg DRE #01316048 |
| Co-Listing Agent |
Kyle Flagg DRE #02095991 |
| Courtesy Of |
Pacific Sotheby's Int'l Realty |
| List Price |
$3,000,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
17,025 |
| Year Built |
1952 |
Listing information courtesy of: Jon Flagg, Kyle Flagg, Pacific Sotheby's Int'l Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 21st, 2024 at 6:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
