Costa Mesa, CA 92627,2658 Santa Ana Avenue
Costa Mesa, CA 92627,2658 Santa Ana Avenue
Costa Mesa, CA 92627,2658 Santa Ana Avenue
26
Listed by Veronica Hicks • Condos Etc, Inc
$4,980,000
$5,178,000
3.8%
Est.Price: ?

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4,800 SqFt

2658 Santa Ana Avenue Costa Mesa, CA 92627

Est. payment /mo
SOLD DATE : 07/05/2024

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Key Details

Sold Price $4,980,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $1,037

Subdivision Eastside Central

MLS Listing ID NP-24028330

Sold Date 07/05/24

Style Bungalow,Cottage,Mid Century Modern

Year Built 1959

Lot Size 0.450 Acres

Property Description

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!

Location

State CA

County Orange

Interior

Interior Features Stone Counters, Unfurnished, Wired for Data

Heating Ductless, Zoned, ENERGY STAR Qualified Equipment

Cooling Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned

Flooring Laminate

Fireplaces Type None

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

Exterior

Exterior Feature Rain Gutters

Parking Features Assigned

Garage Spaces 6.0

Pool None

Community Features Hiking, Preserve/Public Land, Sidewalks, Street Lights, Urban

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

View Y/N No

View None

Building

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

Sewer Public Sewer

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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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