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 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.
Property Details
Price:
$4,195,000
MLS #:
OC25140936
Status:
Active
Baths:
0
Address:
2422 Santa Ana Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c5eastcostamesa
City:
Costa Mesa
Listed Date:
Jun 24, 2025
State:
CA
ZIP:
92627
Lot Size:
16,988 sqft / 0.39 acres (approx)
Year Built:
1952
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Schools
Interior
Appliances
Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
Flooring
Vinyl
Heating
Wall Furnace
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Community Features
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Construction Materials
Frame, Stucco
Parking Features
Assigned, Garage, Uncovered
Parking Spots
10.00
Roof
Composition, Shingle
Financial
Map
Community
- Address2422 Santa Ana Avenue Costa Mesa CA
- AreaC5 – East Costa Mesa
- CityCosta Mesa
- CountyOrange
- Zip Code92627
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2422 Santa Ana Avenue
Costa Mesa, CA
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