Costa Mesa, CA 92627,2422 Santa Ana Avenue
Costa Mesa, CA 92627,2422 Santa Ana Avenue
Costa Mesa, CA 92627,2422 Santa Ana Avenue
7
Listed by Jon Flagg • Pacific Sotheby's Int'l Realty
$3,000,000
$3,000,000
Est.Price: ?

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4,809 SqFt

2422 Santa Ana Avenue Costa Mesa, CA 92627

Est. payment /mo
SOLD DATE : 10/25/2024

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Key Details

Sold Price $3,000,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,809 sqft

Price per Sqft $623

Subdivision Eastside South

MLS Listing ID NP-24193949

Sold Date 10/25/24

Year Built 1952

Lot Size 0.391 Acres

Property Description

This fabulous, five-unit property in desirable Eastside Costa Mesa has been in the same family for decades, lovingly maintained with long-term tenants rarely departing. Introducing 2422 (and 2414) Santa Ana Ave, a truly rare, exceptional investment opportunity featuring a treasured, five free-standing units, sited on an extremely generous, 17,025 sf, multi-family lot. The unit mix includes four, 3-bedroom/1-bath residences, three of which have an enclosed garage, plus one 3 bedroom, 2-bath unit. All units have low turn-over and month-to-month tenancy agreements in place, generating steady income with the potential for rent increases. The improvement area spans 4,809 square feet (not including garages) and investors can continue the current multifamily residential use, enhance the property's value with improvements to the units or explore the possibility of constructing new, vertical residences. Ideally situated in a vibrant community close to local amenities, parks, and schools, this is a very unique multifamily, generational gem.

Location

State CA

County Orange

Interior

Cooling None

Fireplaces Type None

Laundry Washer Hookup

Exterior

Parking Features Gated

Garage Spaces 3.0

Pool None

Community Features Biking, Curbs, Fishing, Golf, Hiking, Horse Trails, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban, Watersports

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

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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