2422 Santa Ana Avenue, Costa Mesa, CA 92627

  • $3,000,000
  • $624
2422 Santa Ana Avenue, Costa Mesa, CA 92627
  • Residential
  • Property Type
  • 15
  • Bedrooms
  • 6
  • Bathrooms
  • 3.00
  • Garages
  • 4809.00
  • 1952
  • Year Built
For Sale
2422 Santa Ana Avenue, Costa Mesa, CA 92627
  • $3,000,000
  • $624

Overview

Property ID: SGR-34038672
  • Residential
  • Property Type
  • 15
  • Bedrooms
  • 6
  • Bathrooms
  • 3.00
  • Garages
  • 4809.00
  • 1952
  • Year Built

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.

  • Address 2422 Santa Ana Avenue
  • City Costa Mesa
  • State/county CA
  • Zip/Postal Code 92627
  • Area C5 - East Costa Mesa
  • Country United States

Details

Updated on September 24, 2024 at 11:39 am
  • Property ID: SGR-34038672
  • Price: $3,000,000
  • Property Size: 4809.00 m²
  • Land Area: 17025.00 m²
  • Bedrooms: 15
  • Bathrooms: 6
  • Garages: 3.00
  • Year Built: 1952
  • Property Type: Residential
  • Property Status: For Sale
  • MLS#: NP24193953
  • Office Name: PACIFIC SOTHEBY'S INT'L REALTY
  • Agent Name: Jon Flagg
  • MLS Status: Active
  • Co-Office Name: Pacific Sotheby's Int'l Realty
  • Co-Agent Name: Kyle Flagg
  • Agent State License: 01316048
  • Co-Agent State License: 02095991
  • IDX Contact Info: jon@flaggrealestate.com

Additional details

  • View: None
  • Sewer: Public Sewer
  • Cooling: None
  • Flooring: Tile
  • County: Orange
  • Property SubType: Condominium
  • Parking: 3.00
  • Water Source: Public

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