$3,000,000
- Beds
- 15
- Baths
- 5.5
- sq ft
- 4,809
2422 Santa Ana Ave, Costa Mesa, CA 92627
2422 Santa Ana Ave
Costa Mesa, CA 92627
- 1 day on market
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.
Details
Property type
Condominium
Lot size
0.3908 acres
Price per sq ft
$624
Year built
1952
Price History
09/20/2024
CRMLS #NP24193953
Listed
$3,000,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Fishing, Golf, Park, Suburban
Community features:
Curbs, Fishing, Golf, Park, Suburban
High school district:
Newport Mesa Unified
Number of units in community:
5
Status: Active
Tomo last checked: 09/20/2024 at 6:10 PM
Listing updated: 09/20/2024 at 12:51 PM
Listed by: Jon Flagg, Pacific Sotheby's Int'l Realty Phone #: (949) 554-1200
MLS: CRMLS #NP24193953
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