2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
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2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
2658 Santa Ana Avenue
Sold

2658 Santa Ana Avenue

2658 Santa Ana Avenue, Costa Mesa, CA 92627

$4,980,000
6 UNIT COMPLEX COMPLETELY REMODELED WITH RARE MARKET VALUE RENTS SO THAT YOU AREN'T BELOW MARKET OUT OF THE GATE. This complex 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!

4,800 Sq.Ft. LIVING AREA

0.45 Acres lot

Features & Amenities

Interior

  • Laundry room Washer Hookup, Electric Dryer Hookup, Inside, Laundry Closet, Stacked
  • APPLIANCES Dryer, Washer

Area & Lot

  • Status Sold
  • Living Area4,800 Sq.Ft.
  • Lot Area0.45 Acres
  • MLS® IDNP24028350
  • TypeCommercial
  • YEAR BUILT1959

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesCable 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
  • lot features6-10 Units/Acre, Paved, Rectangular Lot, Sprinklers Timer, Sprinkler System
  • HEAT TYPEDuctless, Electric, ENERGY STAR Qualified Equipment, Zoned
  • AIR CONDITIONINGDuctless, Electric, ENERGY STAR Qualified Equipment, Zoned

Financial

  • Sales Price$4,980,000
  • Maintenance Fee $4,800/mo
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