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2422 Santa Ana Avenue
2422 Santa Ana Avenue
2422 Santa Ana Avenue
2422 Santa Ana Avenue
2422 Santa Ana Avenue
2422 Santa Ana Avenue
2422 Santa Ana Avenue
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$3,000,000

2422 Santa Ana Avenue

15 Beds 6 Baths 4,809 Sq.Ft.

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 a very 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 unique multifamily, generational gem. Drive-by only. Viewing property subject to written offer.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.

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Location

2422 Santa Ana Avenue, Costa Mesa, CA 92627

Status

Active Under Contract
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 2422 Santa Ana Avenue, Costa Mesa, CA 92627. We are reviewing your request and will be in touch shortly!

Property Amenities

Interior
Laundry room Washer Hookup
Fireplace None
Flooring Tile
Total Bedrooms: 15
Half Bathrooms: 1
Full Bathrooms: 5
Other Interior Features All Bedrooms Down
Area & Lot
Lot Area 0.39 Acres
Living area 4,809 Sq.Ft.
MLS® ID NP24193953
Year Built 1952
School District Newport Mesa Unified
View Description None
Type Condo
Status Active Under Contract
Exterior
Stories 1
Pool None
Air conditioning None
Water Source Public
Garage Space 3.0
Sewer Public Sewer
Lot Features 0-1 Unit/Acre
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Finance
Sales Price $3,000,000

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