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$ 3,199,000
Est. payment /mo
New
2653 Santa Ana Costa Mesa, CA 92627
0.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Eastside Heights (Ehcm)
MLS Listing ID PW26165836
HOA Y/N No
Year Built 1927
Lot Size 0.265 Acres
Property Sub-Type Quadruplex
Property Description
Exceptional four-unit investment opportunity on an expansive 11,000+ square foot lot in one of Costa Mesa's most desirable rental markets. Fully occupied and generating immediate cash flow, this rare offering combines stable income, significant value-add potential, and exceptional long-term appreciation. All four units are currently leased, providing strong in-place income, with two recently renovated units and a long-term tenant contributing to stable occupancy. Investors can enjoy dependable cash flow today while benefiting from future rental growth as units turn over.
Beyond its current income, the property's greatest asset is its oversized 11,000+ square foot lot and eight detached garages, creating exciting possibilities for ADU conversions or other future development opportunities (buyer to verify with the City of Costa Mesa). Whether your investment strategy is to maximize rental income, add value through future improvements, or capitalize on the property's redevelopment potential, this unique asset offers flexibility rarely found in coastal Orange County.
Ideally located just minutes from Orange Coast College, Newport Beach, John Wayne Airport, Kaiser Permanente, the popular 17th Street dining and shopping district, Triangle Square, and the 55, 73, and 405 Freeways, the property enjoys exceptional convenience and consistently strong tenant demand.
Investment opportunities offering this combination of immediate cash flow, an oversized lot, eight garages with potential ADU opportunities, and a premier Costa Mesa location are exceptionally rare. Whether you're expanding your portfolio or securing a legacy investment with multiple paths for future growth, this property delivers the income, location, and upside today's investors are seeking.
Beyond its current income, the property's greatest asset is its oversized 11,000+ square foot lot and eight detached garages, creating exciting possibilities for ADU conversions or other future development opportunities (buyer to verify with the City of Costa Mesa). Whether your investment strategy is to maximize rental income, add value through future improvements, or capitalize on the property's redevelopment potential, this unique asset offers flexibility rarely found in coastal Orange County.
Ideally located just minutes from Orange Coast College, Newport Beach, John Wayne Airport, Kaiser Permanente, the popular 17th Street dining and shopping district, Triangle Square, and the 55, 73, and 405 Freeways, the property enjoys exceptional convenience and consistently strong tenant demand.
Investment opportunities offering this combination of immediate cash flow, an oversized lot, eight garages with potential ADU opportunities, and a premier Costa Mesa location are exceptionally rare. Whether you're expanding your portfolio or securing a legacy investment with multiple paths for future growth, this property delivers the income, location, and upside today's investors are seeking.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Rooms
Other Rooms Shed(s)
Interior
Fireplace No
Laundry Inside, Outside
Exterior
Parking Features Assigned
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Street Lights, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 43920133
Energy Description 300.0
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Mario Mitchell Keller Williams Coastal Prop. mariomitchell@kw.com, DRE #01940870