About This Home

This 9-bedroom, 5-bathroom multi-family at 2653 Santa Ana in Costa Mesa, CA is listed for $3,199,000. Built in 1927, on a 0.27 acres lot.

Key Features

  • Built in 1927
  • 0.27 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
5 full
8 spaces
1927
Listing Description

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 p

opular 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.

Monthly Cost Estimate

$17,109/mo

20% down · 6.5% · 30 years

Principal$2,314
Interest$13,862
Insurance$933

Estimates only. Actual payments may vary.

Location

2653 Santa Ana

Costa Mesa, CA 92627

Eastside Heights (EHCM)

Property Details

Parking

Assigned

Questions & Answers

This 9-bedroom, 5-bathroom multi-family at 2653 Santa Ana is listed at $3,199,000. The estimated monthly payment is $17,109 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.27 acre lot, 2 stories, 8 parking spaces.

This property is listed by Mario Mitchell.

MM

Mario Mitchell

License 01940870

Agent at Keller Williams Coastal Properties

Listed by Keller Williams Coastal Properties · Broker phone: (562) 961-1400 · Broker website

MLS# PW26165836· Source: California Regional Multiple Listing Service, Inc· 90 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2653 Santa Ana, Costa Mesa, CA 92627

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