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Listed by Mark Bridge • Mark Bridge, Broker
$3,995,000
Est. payment /mo
4,809 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,809 sqft
Price per Sqft $830
MLS Listing ID CROC25227830
HOA Y/N No
Year Built 1952
Lot Size 0.390 Acres
Property Sub-Type Other
Source Datashare California Regional
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 Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Laundry Other
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613