2653 Santa Ana, Costa Mesa, CA 92627
List Price: $3.2M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1927
Lot Size: 11,550 sq ft
Private Pool: Yes
MLS Number: PW26165836
About This Property
Rare opportunity to acquire a fully occupied four-unit income property situated on an expansive 11,000+ square foot lot in one of Costa Mesa's most sought-after rental markets. Offering immediate cash flow with significant long-term upside, this property is as much a land investment as it is an income-producing asset. All four units are leased, generating strong in-place income, with two units recently upgraded and one long-term tenant providing stable occupancy. The property offers investors the opportunity to benefit from reliable rental income today while positioning themselves for future rental growth as units naturally turn over. The true value lies in the oversized 11,000+ square foot parcel—an increasingly rare offering in coastal Orange County. Whether you're seeking consistent cash flow, long-term appreciation, redevelopment potential (buyer to verify with the City), or the opportunity to create a custom owner-user property, this exceptional lot provides flexibility that is difficult to replicate in today's market. Ideally located just minutes from Orange Coast College, Newport Beach, John Wayne Airport, Kaiser Permanente, the vibrant 17th Street corridor, Triangle Square, and convenient access to the 55, 73, and 405 Freeways, the property enjoys exceptional tenant demand and outstanding long-term investment fundamentals. Additional features include eight on-site parking spaces, a valuable amenity for both current tenants and future redevelopment possibilities. Properties offering this combination of stable income, oversized land, prime Costa Mesa location, and long-term appreciation potential rarely become available. This is more than a four-unit income property—it's an opportunity to acquire one of Costa Mesa's most desirable residential investment assets.
Listing provided by: Mario Mitchell DRE #01940870 562-961-1400