Search
2350 Santa Ana Ave, Costa Mesa, CA 92627
Image 2 for 2350 Santa Ana Ave, Costa Mesa, CA 92627
Image 3 for 2350 Santa Ana Ave, Costa Mesa, CA 92627
View Photos

2350 Santa Ana Ave Costa Mesa, CA 92627

$4,500,000
  • 10 Beds
  • 10 Baths
  • 4,427 Sq.Ft.
For Sale
$4,500,000 Get Pre-Qualified
Map preview of 2350 Santa Ana Ave, Costa Mesa, CA 92627

Property Overview: 2350 Santa Ana Ave Costa Mesa, CA has 10 bedrooms, 10 bathrooms, 4,427 living square feet and 17,859 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing 2350 Santa Ana Ave, a six-unit apartment complex in Eastside Costa Mesa, CA. Built in 1963 and renovated in 2023-2024, the property blends modern comforts with classic charm on an 18,061 sq. ft. lot. It features a mix of one-, two-, and two-bedroom + den units with private outdoor spaces. Three units have been fully upgraded with new electrical and plumbing systems, energy-efficient windows, split HVAC units, premium flooring, custom cabinetry, designer bathrooms, and stainless steel appliances. The remaining three units will be similarly renovated before closing, making the property turnkey. Currently master leased through October 2025, the property generates $25,000 per month, offering a 5.50% cap rate with minimal owner obligations. Additionally, it holds future potential with an approved plan for five 1,700 sq. ft. condominium units. Whether continuing the lease, repositioning as multifamily, or redeveloping, 2350 Santa Ana Ave offers multiple paths to long-term value creation.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Co-listed by WMichael Cavner | BRE #01274709 | William Michael Cavner, Broker
Last checked: 13 minutes ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
17,859
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
OC24175525
City
Costa Mesa
County
Orange
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 4
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $16,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $300,000
  • Net Operating Income: $247,505
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $52,496
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $47,174
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 2350 Santa Ana Ave

No upcoming open houses

Schedule Tour

Property Details for 2350 Santa Ana Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 43923115
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Santa Ana Heights
  • Directions: Cross Streets of Santa Ana Avenue & Wilson Street
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Costa Mesa Agent

Sale History for 2350 Santa Ana Ave

View property's historical transactions

  • August, 2024

  • Aug 23, 2024

    Date

    Active

    CRMLS: OC24175525

    $4,500,000

    Price

Tax History for 2350 Santa Ana Ave

Assessed Value (2020): $546,174
Year Land Value Improved Value Assessed Value
2020 $371,398 $174,776 $546,174

Home Value Compared to the Market

This property vs the competition

2350 Santa Ana Ave is listed 200.2% higher than the median list price for the city of Costa Mesa which has a median list price of $1,499,000. The median price per/sqft for Costa Mesa is $794 and this home is listed at $1016.49 per/sqft which puts the price per square foot 28.02% higher than the median price per square foot for the city of Costa Mesa.

About 2350 Santa Ana Ave

Detailed summary of property

2350 Santa Ana Ave is a apartment located in Costa Mesa, CA 92627 and is currently for sale. This apartment offers 10 bedrooms, 10 bathrooms, roughly 4,427 living square feet, and sits on an approximately 17,859 square foot lot. 2350 Santa Ana Ave was first listed on ArdentRealEstateGroup.com on August 23, 2024. The homeowner is currently asking $4,500,000. The median priced home in Costa Mesa is $1,499,000 with a median price per square foot of $794. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 200.2% higher than the median priced home. Local competing homes currently for sale include 203 8th St, 916 W Balboa Blvd and 916 W Balboa Blvd. While the average home in Costa Mesa, CA is selling in 43 days, 2350 Santa Ana Ave has a days on market of 25 days. There are currently 148 homes for sale in the Costa Mesa real estate market and 110 of them are single family homes while 21 of them are condos and 17 are townhomes. For more information on this home for sale at 2350 Santa Ana Ave Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 2350 Santa Ana Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,327
Lot Size
15,732
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
106
APN
439-231-15

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,420,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$855
Total Inventory
84
Median Sale to List Price %
99.17%
Avg Days on Market
20
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (5.56%), Other (22.22%)

Tour This Home

Image Description
Contact Jon
Costa Mesa Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2350 Santa Ana Ave

Nearby Homes for Sale

383 W Wilson St, Costa Mesa, CA 92627
$4,620,000
14 Beds
12 Baths
7920 Sq.Ft.
383 W Wilson St
Costa Mesa, CA 92627
432 Hamilton St, Costa Mesa, CA 92627
$3,750,000
11 Beds
10 Baths
4522 Sq.Ft.
432 Hamilton St
Costa Mesa, CA 92627
984-988 Mission Dr, Costa Mesa, CA 92626
$4,295,000
12 Beds
11 Baths
8150 Sq.Ft.
984-988 Mission Dr
Costa Mesa, CA 92626
1826 Pomona Ave, Costa Mesa, CA 92627
$4,400,000
10 Beds
9 Baths
5402 Sq.Ft.
1826 Pomona Ave
Costa Mesa, CA 92627
117 Marine Ave, Newport Beach, CA 92662
$4,495,000
5 Beds
0 Baths
2279 Sq.Ft.
117 Marine Ave
Newport Beach, CA 92662
114 W Onyx Ave, Newport Beach, CA 92662
$4,000,000
7 Beds
3 Baths
2596 Sq.Ft.
114 W Onyx Ave
Newport Beach, CA 92662
410 Clubhouse Ave, Newport Beach, CA 92663
$3,850,000
5 Beds
4 Baths
2700 Sq.Ft.
410 Clubhouse Ave
Newport Beach, CA 92663
203 8th St, Newport Beach, CA 92661
$3,995,000
5 Beds
3 Baths
2448 Sq.Ft.
203 8th St
Newport Beach, CA 92661

Recently Sold Homes Near 2350 Santa Ana Ave

2312 Santa Ana Ave, Costa Mesa, CA 92627
$5,700,000 Last Sold Price
24 Beds
14 Baths
9928 Sq.Ft.
2312 Santa Ana Ave
Costa Mesa, CA 92627
303 Santa Isabel Ave, Costa Mesa, CA 92627
$1,715,000 Last Sold Price
4 Beds
3 Baths
2015 Sq.Ft.
303 Santa Isabel Ave
Costa Mesa, CA 92627
301 Santa Isabel, Costa Mesa, CA 92627
$1,450,000 Last Sold Price
4 Beds
3 Baths
2015 Sq.Ft.
301 Santa Isabel
Costa Mesa, CA 92627
300 Santa Isabel Ave, Costa Mesa, CA 92627
$1,572,500 Last Sold Price
6 Beds
6 Baths
4140 Sq.Ft.
300 Santa Isabel Ave
Costa Mesa, CA 92627

Related Resources to 2350 Santa Ana Ave

New Listings in 92627
Popular Zip Codes
Popular Cities
Other Costa Mesa Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call