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 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.
MLS Listing Information
MLS #
CRNP24193949
MLS Source
California Regional MLS
Interior Features
Cooling
None
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
Contact Information
Listing Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
License #: 01316048
Phone: (949) 533-7878
Co-Listing Agent
Kyle Flagg
License #: 02095991
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
2422 Santa Ana Ave is a Residential Income in Costa Mesa, CA 92627. This – square foot property sits on a 17,025 Sq Ft Lot and features – bedrooms & – full 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.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Jon Flagg, (949) 533-7878
