2422 Santa Ana AVE Active Save Request In-Person Tour Request Virtual Tour
Costa Mesa,CA 92627
Key Details
Property Type Commercial
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,809 sqft
Price per Sqft $872
Subdivision Other (Othr)
MLS Listing ID OC25140936
Construction Status Turnkey
HOA Y/N No
Year Built 1952
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Commercial/Residential
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 condition, prime location, and long-term upside, 2414–2422 Santa Ana Ave is a truly exceptional investment opportunity in a high-demand coastal market.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Rooms
Other Rooms All Bedrooms Down
Interior
Interior Features Quartz Counters
Heating Wall Furnace
Flooring Vinyl
Fireplaces Type None
Appliance Disposal,Gas Oven,Gas Range,Range Hood,Water Heater
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Parking Features Assigned,Garage,Uncovered
Garage Spaces 3.0
Pool None
Community Features Curbs,Gutters,Sidewalks,Storm Drains,Street Lights,Suburban
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Roof Type Composition,Shingle
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Nick Solomon
SHOW INSTRUCTIONS Do NOT Disturb Tenants, Drive By Only Please, Call Nick Solomon - 949-404-5567