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$5,178,000
90 Days Online

2658 Santa Ana Avenue
Costa Mesa, CA 92627

For Sale|Multi-Family|Active
County:
Orange
Listed by Veronica Hicks of Condos Etc, Inc 714-336-5551
Call Now: 1-949-278-4461
Is this the home for you? We can help make it yours.
1-949-278-4461
2658 Santa Ana Avenue2658 Santa Ana Avenue2658 Santa Ana Avenue2658 Santa Ana Avenue
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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!

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Listing Snapshot
Price 
$5,178,000
Days Online 
90 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.45 Acres
Year Built 
1959
MLS® Number 
NP24028350
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoListing first seen online
General Features
Construction 
DrywallStucco
Parking Spaces 
10
Electric 
Electricity On Property
Number of Stories 
1
Acreage 
0.45
Water 
Public
Property Sub Type 
Multi Family
Utilities 
Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
Listing Conditions 
Standard
Interior Features
Cooling 
DuctlessElectricE N E R G Y S T A R Qualified EquipmentZoned
Heating 
DuctlessElectricE N E R G Y S T A R Qualified EquipmentZoned
Appliances 
DryerWasher
Laundry Features 
Washer HookupElectric Dryer HookupInsideLaundry ClosetStacked
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Exterior Features
Fencing 
VinylWood
Lot 
Item610 Units AcrePavedRectangular LotSprinklers TimerSprinkler System
Community Features
MLS Area 
C5 - East Costa Mesa


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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