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$ 4,195,000
Est. payment | /mo
4,809 SqFt
$ 4,195,000
Est. payment | /mo
4,809 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,809 sqft
Price per Sqft $872
MLS Listing ID CROC25140936
HOA Y/N No
Year Built 1952
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Other
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
Location
State CA
County Orange
Interior
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Laundry Other
Building
New Construction No
Others
Tax ID 43913105
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Listed by Mark Bridge • Mark Bridge, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "