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.
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 1
Listing Office:
Office Name: Marcus & Millichap RE Invest
Office Email: tleeson@marcusmillichap.com
Listing Agent: Tyler Leeson
Interior Features
Interior Information:
Appliances: Dryer, Washer
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot Size: 0.41 Acres
Other
Directions Information:
Directions: Cross Streets of Santa Ana Avenue & Wilson Street
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
Tax Information:
Annual Amount: $9,283
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Costa Mesa, CA.
This property is $3.1M more than the Median Sold Price in Costa Mesa, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24175525
Listing Office:
Office Name: Marcus & Millichap RE Invest
Office Email: tleeson@marcusmillichap.com
Listing Agent: Tyler Leeson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 21, 2021
Jun 21, 2021Home Sold
$3,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,283
$563,763
2020
$9,108
$557,983
2019
$8,704
$547,043
2018
$8,704
$536,317
2017
$8,585
$525,801
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Kaiser Elementary School
2130 Santa Ana Ave
Distance between this listing and this school0.50 miles
Public District Grades 3-6
4
/10
College Park Elementary School
2380 Notre Dame Rd
Distance between this listing and this school1.07 miles
Public District Grades KG-6
8
/10
Eastbluff Elementary School
2627 Vista Del Oro
Distance between this listing and this school1.17 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school2.45 miles
Public District Grades 7-8
4
/10
Tewinkle Middle School
3224 CA Ave
Distance between this listing and this school3.00 miles
Public District Grades 7-8
7
/10
Douglas Macarthur Fundamental Intermediate School
600 W Alton Ave
Distance between this listing and this school3.92 miles
Public District Grades 6-8
Nearby Schools
6
/10
Monte Vista High/Cloud Campus
390 Monte Vista Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school0.43 miles
Public District Grades 9-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school0.44 miles
The neighbors living near this home have an average income of $96,875. The majority of Costa Mesa, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2350 Santa Ana Ave
What is the listing price of this property?
The listing price of 2350 Santa Ana Ave property is $4,500,000.
What type of property is this?
The property 2350 Santa Ana Ave is a condo located in Costa Mesa, California, 92627.
Is this property for sale now?
Active Listing: 2350 Santa Ana Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,283 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 21, 2021 for $3,000,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2350 Santa Ana Ave is 1963.
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This home is located at 2350 Santa Ana Ave in Costa Mesa, CA and zip code 92627 in the Eastside Costa Mesa neighborhood. This home, which was built in 1963, sits on a 0.41 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $4,500,000.
In October 2024, from all listings sold in Costa Mesa, CA there were more than 18 sold above asking price, over 35 sold below and more than 6 were sold right at the asked price. Between September 2024 and October 2024, Costa Mesa, CA real estate market has seen increase in the number of listings by 4.3%. Listings spent 28 days on the market in October 2024, and had a median list price of $1,366,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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