Description
This fabulous, five-unit property in desirable eastside costa mesa has been in the same family for decades, lovingly maintained with long-term tenants rarely departing. introducing 2422 (and 2414) santa ana ave, a truly rare, exceptional investment opportunity featuring a treasured, five free-standing units, sited on a very generous, 17,025 sf, multi-family lot. the unit mix includes four, 3-bedroom/1-bath residences, three of which have an enclosed garage, plus one 3 bedroom, 2-bath unit. all units have low turn-over and month-to-month tenancy agreements in place, generating steady income with the potential for rent increases. the improvement area spans 4,809 square feet (not including garages) and investors can continue the current multifamily residential use, enhance the property’s value with improvements to the units or explore the possibility of constructing new, vertical residences. ideally situated in a vibrant community close to local amenities, parks, and schools, this is a unique multifamily, generational gem. drive-by only. viewing property subject to written offer.this fabulous, five-unit property in desirable eastside costa mesa has been in the same family for decades, lovingly maintained with long-term tenants rarely departing. introducing 2422 (and 2414) santa ana ave, a truly rare, exceptional investment opportunity featuring a treasured, five free-standing units, sited on an extremely generous, 17,025 sf, multi-family lot. the unit mix includes four, 3-bedroom/1-bath residences, three of which have an enclosed garage, plus one 3 bedroom, 2-bath unit. all units have low turn-over and month-to-month tenancy agreements in place, generating steady income with the potential for rent increases. the improvement area spans 4,809 square feet (not including garages) and investors can continue the current multifamily residential use, enhance the property’s value with improvements to the units or explore the possibility of constructing new, vertical residences. ideally situated in a vibrant community close to local amenities, parks, and schools, this is a very unique multifamily, generational gem.
Property Type
ResidentialCounty
OrangeStyle
ResidentialAD ID
47053511
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 15
Bathroom Information
- Total Baths: 6
- Full Baths: 5
- Half Baths: 1
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: All Bedrooms Down
- Fireplace: None
- Flooring: Tile
Cooling Features
- None
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1952
Pool Features
- None
Laundry Features
- Washer Hookup
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3908
- Lot Size Source: Public Records
- Lot Size Square Feet: 17025
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Listing Information
Listing Price Information
- Original List Price: 3,000,000
- Listing Contract Date: 2024-09-12
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 43913105
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: C5 - East Costa Mesa
- Directions: Newport Blvd to Mesa Dr. left to Santa Ana Ave right
- Source Property Type: Residential
- Area: C5 - East Costa Mesa
- Property SubType: Condominium
Building and Construction
- Property Age: 72
- Common Walls: No Common Walls
- Structure Type: Condominium
- Year Built Source: Public Records
- Total Square Feet Living: 4809
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Multi Family
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BuyOwner last updated this listing 11/21/2024 @ 13:47
- MLS: NP24193953
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 15 bedrooms which is recently sold, it has 4,809 sqft, 17,025 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Costa Mesa , in zip code 92627, this Orange County Home are nearby neighborhoods.