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2422 Santa Ana Avenue

Costa Mesa, CA 92627

– beds
– baths
– sqft
~1/2 acre lot
1952 build
– on site

We are pleased to present 2414–2422 Santa Ana Avenue, a fully renovated five-unit property located in the heart of Eastside Costa Mesa, right on the edge of Newport Beach. This rare, generational investment features five detached, bungalow-style 3-bedroom homes—each offering the privacy and comfort of a single-family residence with the operational simplicity of a multifamily asset. Sited on an expansive 17,038 square foot lot, the property includes four 3-bedroom, 1-bath units—three with enclosed garages—and one 3-bedroom, 2-bath unit with a large private yard. Originally built in 1952 and completely renovated and stabilized in 2025, the owner spared no expense in the updates. Each unit showcases brand-new appliances, granite or quartz countertops, stylish wood laminate flooring, and in-unit washer and dryers. With a cohesive aesthetic and market-rate rents in place, the property is 100% occupied and offers immediate, strong cash flow. Ideally situated near 17th Street’s shops and restaurants, the Upper Newport Back Bay, top-rated public schools, and major freeways, this location is one of the most desirable in Orange County. Additionally, the property is adjacent to Newport Boulevard’s Measure K corridor, which is poised for significant future redevelopment. Offering turnkey condition, prime location, and long-term upside, 2414–2422 Santa Ana Ave is a truly exceptional investment opportunity in a high-demand coastal market.

Listed By CRMLS_CA / Mark Bridge / Mark Bridge, Broker / Mark.Bridge@matthews.com

Last checked: Checking… • Last updated Jun 25, 2025 •

MLS# OC25140936 —

The Building

Year Built:

1952
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame, Stucco
Building Area Total:

4809.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

5
Roof:

Composition, Shingle
Foundation:

Slab
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Quartz Counters
Levels:

One
Entry Location:

First
Window Features:

Double Pane Windows
Flooring:

Vinyl
Room Type:

All Bedrooms Down
Fireplace:

No
Fireplace:

None
Laundry:

Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

55 South, East on Santa Isabel Ave
Latitude:

33.65266500
Longitude:

-117.89513800

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Turnkey
Lot Features:

2-5 Units/Acre
Lot Size Area:

0.3900
Lot Size Acres:

0.3900
Lot Size SqFt:

16988.40
Lot Size Source:

Assessor
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

631.02
Tax Tract:

300
Tax Lot:

113

The Listing

Special Listing Conditions:

Standard
Parcel Number:

43913105

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

East Side Costa Mesa
Features:

Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned, Garage, Uncovered
Parking Spaces:

10.00
Garage Spaces:

3.00
Uncovered Spaces:

7.00

Extra Units

Average 3 Bed Area:

1000
Number With Disposal:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/24/25 Jun 24, 2025	Listed / Active	CRMLS_CA	$4,195,000	39.8%
10/25/24 Oct 25, 2024		CRMLS_CA	$3,000,000
9/30/24 Sep 30, 2024		CRMLS_CA	$3,000,000

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This multifamily located in Eastside Costa Mesa, Costa Mesa, CA 92627 is currently for sale for $4,195,000. 2422 Santa Ana Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. 2422 Santa Ana Avenue is in the Eastside Costa Mesa neighborhood of Costa Mesa and has a WalkScore® of 45, making it car-dependent. This multifamily is in the attendance area of Newport Harbor High School, Kaiser Elementary School, Ensign Intermediate School, and Woodland Elementary School.

Listing Courtesy of: CRMLS_CA and Mark Bridge, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 11:24 on Jul 01.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.