1 of 26

Want to see this property?

2658 Santa Ana Avenue

Costa Mesa, CA 92627

– beds
– baths
– sqft
~1/2 acre lot
1959 build
– on site

6 UNIT COMPLEX NEWLY REMODELED WITH RARE MARKET VALUE RENTS SO THAT YOU AREN'T BELOW MARKET OUT OF THE GATE. This 6 unit offers investors the best return for a low and easy management opportunity WITH POTENTIAL FOR ADU AND ADDITIONAL INCOME. 2658 Santa Ana is a lucrative investment opportunity in the heart of Popular Eastside Costa Mesa – a commercial multifamily property that epitomizes turnkey perfection. Ideal for the discerning investor seeking immediate profitability without the hassle of renovations, this property is poised to deliver both financial success and peace of mind. Strategically located near the 55 Freeway, 17th Street, South Coast Plaza, The Back Bay, and Newport Beach, this multifamily gem is surrounded by desirable amenities and prime destinations. The property comprises six detached bungalows, each with a garage and 1-2 parking spaces, ensuring convenience for both residents and guests. Recently remodeled in late 2022, this property shines with a cohesive aesthetic, presenting near-identical units that showcase meticulous attention to detail. Every aspect of these bungalows has been thoughtfully upgraded, from the new kitchens and baths to the flooring, doors, paint, gutters, and roofing, creating a harmonious living experience. Embrace modern comfort with air-conditioned interiors, featuring three mini-split systems in each bungalow for personalized climate control. Step outside to discover oversized, meticulously landscaped yards, providing residents with a private oasis and an inviting atmosphere for outdoor activities. Unlock additional value with the potential for an Accessory Dwelling Unit (ADU), offering flexibility in usage and increased investment potential. Currently boasting a remarkable 100% occupancy rate at market rents, this property is fully leased up, providing a secure and immediate return on investment. In summary, this commercial multifamily property is more than just an investment; it's a turnkey opportunity for the savvy investor looking to capitalize on a prime location, modern amenities, and a seamless, income-generating property. Secure your stake in the thriving Eastside Costa Mesa community today!

Listed By CRMLS_CA / Veronica Hicks / Condos Etc, Inc / 714-336-5551

Last checked: Checking… • Last updated Mar 11, 2024 •

MLS# NP24028330 —

The Building

Year Built:

1959
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Drywall Walls, Stucco
Architectural Style:

Bungalow, Cottage, Mid Century Modern
Exterior Features:

Rain Gutters
Entry Level:

1
Foundation:

Slab
Accessibility Features:

Doors - Swing In, Entry Slope Less Than 1 Foot, No Interior Steps
Common Walls:

No Common Walls
Number With Patio:

6
Building Area Total:

4800.00
Building Area Units:

Square Feet
# of Buildings:

6
Total Number Of Units:

6
Stories Total:

1
# of Separate Gas Meters:

6
# of Separate Electric Meters:

6

Interior

Features:

Quartz Counters, Stone Counters, Unfurnished, Wired for Data
Levels:

One
Entry Location:

Santa Ana
Door Features:

Panel Doors
Window Features:

Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows
Flooring:

Laminate
Room Type:

All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Number Wall AC:

18
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Electric Dryer Hookup, In Closet, Inside, Stackable, Washer Hookup, Washer Included
Laundry:

1

Financial & Terms

Disclosures:

Home Warranty, Rent Control, Unincorporated

Location

Directions:

Between Mesa and University off the 55 Freeway
Latitude:

33.65948900
Longitude:

-117.88835400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Turnkey, Updated/Remodeled
Lot Features:

6-10 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Paved, Sprinkler System, Sprinklers Timer
Lot Size Area:

19602.0000
Lot Size Acres:

0.4500
Lot Size SqFt:

19602.00
Lot Size Source:

Assessor
View:

None
Fencing:

Vinyl, Wood
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved, Privately Maintained
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

631.02
Tax Tract:

376
Tax Lot:

75

The Listing

Buyer's Brokerage Compensation:

2.000%
Virtual Tour
Virtual Tour
Special Listing Conditions:

Standard
Virtual Tour
Buyer's Brokerage Compensation:

$2
Parcel Number:

43910102

Heating & Cooling

Heating:

1
Heating:

Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned
Cooling:

Yes
Cooling:

Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned

Utilities

Utilities:

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

Public Sewer
Electric:

Electricity - On Property
Green Energy Efficient:

Appliances, Water Heater
Green Water Conservation:

Water-Smart Landscaping
Water Source:

Public

Appliances

Appliances:

Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
Included:

Yes

The Community

Subdivision:

Eastside Central (ECCM)
Subdivision:

Eastside Central (ECCM)
Senior Community:

No
Features:

Hiking, Preserve/Public Land, Sidewalks, Street Lights, Urban
Pool:

None
Private Pool:

No
Spa Features:

None
Inclusions:

All Appliances
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

16.00
Garage Spaces:

6.00
Uncovered Spaces:

10.00

Extra Units

Number With Drapes:

6
Number With Disposal:

6
Number With Dishwasher:

6
Number With Refrigerator:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/8/24 Feb 8, 2024	Relisted	CRMLS_CA	$5,178,000	52.3% (28.0% / YR)
3/29/22 Mar 29, 2022		CRMLS_CA	$3,400,000
3/29/22 Mar 29, 2022		CRMLS_CA	$3,400,000	-2.9%

Want a closer look?

Go see 2658 Santa Ana Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Costa Mesa, CA

Similar sold homes

This multifamily located in Eastside Costa Mesa, Costa Mesa, CA 92627 is currently for sale for $5,178,000. 2658 Santa Ana Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 80 days. 2658 Santa Ana Avenue is in the Eastside Costa Mesa neighborhood of Costa Mesa and has a WalkScore® of 65, making it somewhat walkable. This multifamily is in the attendance area of Kaiser Elementary School, Woodland Elementary School, Newport Harbor High School, and Ensign Intermediate School.

Listing Courtesy of: CRMLS_CA and Condos Etc, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.