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Listed by Keller Williams Coastal Prop., Mario Mitchell, Listing Contact: 5622434741

$3,199,000

2653 Santa Ana, Costa Mesa CA, 92627

Price per sqftN/A
Built in1927
Property typeResidential

Overview

Active

Listed Aug 4, 2026

Updated 9 days ago

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

$21,283/mo

Est. mortgage payment based on a $3,199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRPW26165836

Interior Features

Basement
No

Exterior Features

Lot Size
0.27 Acres
MLS provider logo

Listed by Keller Williams Coastal Prop., Mario Mitchell DRE:01940870,
Listing Contact: 562-243-4741 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ikonik Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Ikonik Realty are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 2:17 PM UTC, 9/28/2026

 

 

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