2653 Santa Ana, Costa Mesa, CA 92627

$3,199,000

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List Price
$3,199,000
Status
ACTIVE
MLS#
PW26165836
Year Built
1927
Lot Size
11,550
Acres
0.27
Days on Market
4
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Eastside Heights (Ehcm)

Property Description

Rare opportunity to own a four-unit income property situated on an expansive 11,000+ square foot lot in one of Costa Mesa's strongest rental markets. All four units are leased at or near market rents, with two units recently upgraded, providing immediate income and long-term investment stability. The true value lies in the land. Whether you're seeking reliable cash flow, long-term appreciation, redevelopment potential, or the opportunity to create a custom owner-occupied property, this oversized lot offers exceptional flexibility in a highly desirable location. Ideally located near Orange Coast College, world-famous beaches, John Wayne Airport, Kaiser Permanente, 17th Street, Triangle Square, and major freeway access, the property benefits from strong tenant demand and outstanding long-term upside. The property also features eight on-site parking spaces, a valuable amenity for both tenants and future possibilities. Opportunities to acquire a property with this lot size, income potential, and prime Costa Mesa location are increasingly rare.

Additional Information

Other Buildings
Shed(s)
Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$124
Operating Expense
2040

Listing courtesy of Listing Agent: Mario Mitchell (mariomitchell@kw.com) from Listing Office: Keller Williams Coastal Prop..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.