2230 Canyon Drive is a 7-unit multifamily investment opportunity located in the highly desirable city of Costa Mesa, California. Built in 1990, the gated property consists entirely of spacious two-story, 2-bedroom/2.5-bath townhouse-style units, a rare and highly attractive offering in today’s rental market. Six units feature a front patio, back patio, and private balcony, while the rear unit offers a front patio and a large private backyard. Residents benefit from ample parking with eight garages and eight surface spaces, along with the convenience of laundry hookups in every unit. Five units have been thoughtfully renovated with modern finishes including shaker-style cabinetry, vinyl flooring, recessed lighting, and stainless-steel kitchen appliances. The property’s renovation program has proven effective, giving investors an opportunity to capture additional upside through continued upgrades, while current tenants already enjoy generous layouts and abundant private outdoor space that distinguish these units from competing rentals. 2230 Canyon Drive offers residents everyday convenience with walkable access to schools such as Victoria Elementary, Estancia High School, and the Waldorf School of Orange County. Nearby parks and open spaces include Talbert Regional Park, a 180-acre preserve with extensive bike and pedestrian trails, as well as Fairview Park and direct access to the Santa Ana River Trail and Banning Channel Bikeway. Within two miles of the property are Harbor Boulevard and Brookhurst Street, both of which offer an array of retail centers, restaurants, and daily conveniences. 2230 Canyon Drive represents a rare opportunity to acquire a well-maintained coastal Orange County multifamily asset with spacious townhouse layouts, ample outdoor space, in-unit laundry hookups, and clear upside through a proven renovation strategy. This property is well-positioned for investors seeking a high-quality asset with strong renter demand and long-term growth potential in one of Costa Mesa’s most desirable neighborhoods.
Property Details
Price:
$4,525,000
MLS #:
OC25238637
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699
Listed Date:
Oct 13, 2025
Total Sq Ft:
8,260
Lot Size:
14,810 sqft / 0.34 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Heating
FA
Laundry Features
GAS, WH
Exterior
Community Features
SDW, SL, CRB, CW
Parking Spots
16
Financial
Maintenance Fee
$7,000
Map
Community
- AddressCanyon DR Lot 127 Costa Mesa CA
- CityCosta Mesa
- CountyOrange
- Zip Code92627
Subdivisions in Costa Mesa
- Bar Harbor PRBH
- Brighton Springs BRIS
- Brookview BRK1
- Buccola I MBB1
- Cambridge Estates Phase I EHCE
- Cambridge ICCM
- Canyon Townhomes CATH
- Circle Streets MMCS
- College Park COLP
- College Park Harbor Estates COLH
- Coral Point CORP
- Costa Mesa Residential Income CMRI
- Country Club Series ICCS
- Country Club Villas MCVL
- Del Cerro DELC
- Eastside Central ECCM
- Eastside Heights EHCM
- Eastside North ENCM
- Eastside South ESCM
- Freedom Homes FREE
- Greenbrook By Larwin GBLR
- Halecrest HALE
- Half Moon Lane HML
- Harbor Estates MTHE
- Life Style LIFE
- Mesa del Mar – Park Series MDMB
- Mesa Del Mar MDMA
- Mesa North MENO
- Mesa Verde Collection MVCO
- Mesa Verde Estates I MISE
- Mesa Woods MSWD
- Monticello Townhomes MONT
- Ocean Breeze Villas OCBV
- Pentridge Cove I PENC
- Rancho Mesa RANM
- River Rock RIVR
- Sommerset Citihomes SOMS
- State Streets II MST2
- Summerland MISS
- Town & Country MIST
- West Costa Mesa Industrial WICM
- Westside Costa Mesa Central WCMC
- Westside Costa Mesa South WSCM
Market Summary
Current real estate data for Single Family in Costa Mesa as of Oct 30, 2025
100
Single Family Listed
36
Avg DOM
542
Avg $ / SqFt
$1,337,000
Avg List Price
Property Summary
- Canyon DR Lot 127 Costa Mesa CA is a Single Family for sale in Costa Mesa, CA, 92627. It is listed for $4,525,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1956. The average price per square foot for Single Family listings in Costa Mesa is $542. The average listing price for Single Family in Costa Mesa is $1,337,000.
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Canyon DR Lot 127
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