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 con
MLS #
CROC25140936
MLS Source
California Regional MLS
Days on Site
23
Appliances
Garbage Disposal, Hood Over Range, Oven - Gas, Oven Range - Gas
Heating
Wall Furnace
Roof
Composition, Shingle
Foundation
Slab
Garage/Parking
Assigned Spaces, Garage, Garage: 3 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | – | – |
2422 Santa Ana Ave is a Residential Income in Costa Mesa, CA 92627. This – square foot property sits on a 0 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,195,000 and was built in 1952.
This address can also be written as 2422 Santa Ana Ave, Costa Mesa, CA 92627.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of June 25, 2025. For the most current information, please contact Mark Bridge, (949) 681-8388