2658 Santa Ana Avenue, Costa Mesa, CA 92627 | MLS NP24028350 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
FOR SALE
$5,178,000  

2658 Santa Ana Avenue
Costa Mesa, CA 92627

Multi-Family, Business Opportunities
Commercial
4,800
Sq. Ft.
0.45
Acres Lot
Listing Agent: Veronica Hicks CalDRE: 01443184 - Condos Etc, Inc, 714-336-5551
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!
NP24028350
Multi-Family, Business Opportunities, 1 Story
Orange
1959
0.45 Acres
Public
1
Stucco
4,800 Sq. Ft.
Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available
6 Total
Detailed Room Information
Laundry
Washer Hookup,Electric Dryer Hookup,Inside,Laundry Closet,Stacked
Interior Features
Appliances
Dryer,Washer
Cooling
Electric, Ductless, ENERGY STAR Qualified Equipment, Zoned
Heating
Electric Heating. ENERGY STAR Qual. Equip..
Exterior / Lot Features
Parking
10 Parking Spaces. 0 Covered Parking Spaces.
Exterior
Stucco
Fence
Vinyl,Wood
Additional Exterior/Lot Features
6-10 Units/Acre,Paved,Rectangular Lot,Sprinklers Timer,Sprinkler System.
Financial Considerations
43910102
1031 Exchange
All Appliances
Listing Agent: Veronica Hicks CalDRE: 01443184 - Condos Etc, Inc, 714-336-5551
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