2658 Santa Ana Avenue Costa Mesa, CA 92627
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyOrange
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site127 Days
- MLS StatusActive
- MLS ID NumberNP24028350
- Home Size Source N/A
- Year Built1959
- Lot Size0.45 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 2658 Santa Ana Avenue Costa Mesa, CA 92627
3 months ago | |
4 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Stucco
- Parking Spaces 10
- 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
- Laundry Features Dryer IncludedElectric Dryer HookupIn ClosetInsideStackableWasher HookupWasher Included
Exterior Features
- Fencing VinylWood
- Lot 6-10 Units/ AcreLot 10000-19999 SqftRectangular LotPavedSprinkler SystemSprinklers Timer
Community Features
- MLS Area C5 - East Costa Mesa