2653 Santa Ana

Costa Mesa, CA 92627
  • $3,199,000

    Price
  • 9

    Bed
  • 5

    Bath
  • 3,500

    SqFt
  • 0.27

    Acre

About the Listing PB8089 - PWMITCMAR

Exceptional four-unit investment opportunity on an expansive 11,000+ square foot lot in one of Costa Mesa's most desirable rental markets. Fully occupied and generating immediate cash flow, this rare offering combines stable income, significant value-add potential, and exceptional long-term appreciation. All four units are currently leased, providing strong in-place income, with two recently renovated units and a long-term tenant contributing to stable occupancy. Investors can enjoy dependable cash flow today while benefiting from future rental growth as units turn over. Beyond its current income, the property's greatest asset is its oversized 11,000+ square foot lot and eight detached garages, creating exciting possibilities for ADU conversions or other future development opportunities (buyer to verify with the City of Costa Mesa). Whether your investment strategy is to maximize rental income, add value through future improvements, or capitalize on the property's redevelopment potential, this unique asset offers flexibility rarely found in coastal Orange County. Ideally located just minutes from Orange Coast College, Newport Beach, John Wayne Airport, Kaiser Permanente, the popular 17th Street dining and shopping district, Triangle Square, and the 55, 73, and 405 Freeways, the property enjoys exceptional convenience and consistently strong tenant demand. Investment opportunities offering this combination of immediate cash flow, an oversized lot with potential ADU opportunities, and a premier Costa Mesa location are exceptionally rare. Whether you're expanding your portfolio or securing a legacy investment with multiple paths for future growth, this property delivers the income, location, and upside today's investors are seeking.

Listing Highlights for 2653 Santa Ana

Status Active
Days on Site 72
Property Type Multi-Family
MLS ® PW26165836
Year Built 1927
Total Square Footage 3,500
Lot/Acreage 0.27

Interior Details

  • Bedrooms: 9
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 43920133
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

2653 Santa Ana Costa Mesa, CA 92627

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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