2422 Santa Ana Ave Active Save Request In-Person Tour Request Virtual Tour
Costa Mesa,CA 92627
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25227830
Year Built 1952
Property Description
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 con
Location
State CA
County Orange
Area C5 - East Costa Mesa
Rooms
Kitchen Garbage Disposal,Hood Over Range,Oven Range - Gas,Oven - Gas
Interior
Heating Gas,Wall Furnace
Cooling Window / Wall Unit
Laundry Gas Hookup,30
Exterior
Parking Features Assigned Spaces
Garage Spaces 10.0
Pool 31,None
Roof Type Shingle,Composition
Building
Story One Story
Water Hot Water,District - Public
Others
Special Listing Condition Not Applicable