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2422 Santa Ana Avenue, Costa Mesa, CA 92627

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For Sale

$4,195,000

6 beds3 baths4,809 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $872.32
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Mark Bridge & Nick Solomon with Matthews REIS 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 turnkey condition, prime location, and long-term upside, 2414 2422 Santa Ana Ave is a truly exceptional investment opportunity in a high-demand coastal market. https://www.matthews.com/properties/mf-2414-22-santa-ana-avenue-costa-mesa-ca
MLS# OC25140936

Courtesy Of Mark Bridge, Broker

(949) 474-4004

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows
  • Appliances
    Garbage Disposer, Oven - Gas, Range, Range - Gas
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Vinyl

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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