Skip main navigation
Under contract
    • Listed by: Arbor Real Estate • Matt Perry • Contact: 949-233-8161
    $2,499,000

    2209 Elden Ave, Costa Mesa, CA 92627

    4beds
    5baths
    3,650sqft
    : 
    $15,314/mo
    Get pre-qualified
    Quadruplex
    Built in 1932
    -- sqft lot
    $2,490,900 Zestimate®
    $685/sqft
    $-- HOA

    What's special

    Located on an expansive corner parcel of more than 9,000 square feet in the heart of Eastside Costa Mesa, this meticulously maintained four-unit income property presents an exceptional investment opportunity. Once owned by local business icon Heinz Kaiser, the property showcases timeless architecture, a desirable unit mix, and generous outdoor living spaces that set it apart from typical multi-family offerings. Pride of ownership is evident throughout, with a favorable unit configuration consisting of one 2-bedroom, 2-bathroom residence, two 1-bedroom, 1-bathroom residences, and one exceptionally spacious studio. The primary residence at 147 Virginia Place offers 2 bedrooms and 2 bathrooms, highlighted by an inviting front porch overlooking a beautifully hedged lawn, a spacious kitchen, an interior laundry room, a dedicated office area, direct access to an attached two-car garage, and a private rear patio ideal for outdoor entertaining. Situated above, 147½ Virginia Place features 1 bedroom and 1 bathroom, complete with a recently remodeled shower, vaulted ceilings, wood flooring, a charming sleeping loft, and its own private laundry room. The studio residence is equally impressive, boasting stone flooring, a dramatic oversized fireplace, a kitchen with slab countertops, private laundry, and a covered outdoor entertaining area adjacent to an expansive grassy yard. Completing the property, 2209 Elden Avenue offers 1 bedroom and 1 bathroom with wood flooring, a private garage with its own laundry, additional off-street parking, and a secluded rear yard featuring a deck and generous lawn area. Ideally located just moments from award-winning schools, the shopping and dining destinations along 17th Street, and the world-renowned beaches of the Newport Peninsula, this is a rare opportunity to acquire a beautifully maintained, income-producing property in one of Costa Mesa's most sought-after neighborhoods.
    17 days
    |
    498
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Perry DRE #01192690 949-233-8161,

    Arbor Real Estate

    Source: CRMLS,MLS#: LG26160849MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      Rooms
      • Room types: Attic, Bedroom, Great Room, Kitchen, Laundry, Loft, Living Room, Primary Bathroom, Primary Bedroom, Office
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Heating
      • Forced Air, Wall Furnace
      Appliances
      • Included: Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Granite Counters, High Ceilings, Recessed Lighting, Storage, Tile Counters, Attic, Bedroom on Main Level, Loft, Main Level Primary
      • Flooring: Carpet, Stone, Wood
      • Doors: Mirrored Closet Door(s), Sliding Doors
      • Windows: Blinds, Double Pane Windows, Screens, Skylight(s)
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room, Masonry, Wood Burning
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,650
      • Total interior livable area: 3,650 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Concrete, Direct Access, Driveway Level, Garage
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Block,Good Condition
      • Has view: Yes
      • View description: Courtyard
      Lot
      • Size: 9,021 Square Feet
      • Features: Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Yard
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 42605106
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Spanish,Traditional
      • Property subtype: Quadruplex
      Materials
      • Drywall, Frame, Plaster, Stucco
      • Foundation: Raised, Slab
      • Roof: Asphalt,Composition,Spanish Tile
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1932

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Storm Drain(s), Street Lights, Park
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Eastside Central (Eccm)
      Location
      • Region: Costa Mesa

      Financial & listing details

      • Price per square foot: $685/sqft
      • Tax assessed value: $77,241
      • Annual tax amount: $2,920
      • Date on market: 7/28/2026
      • Cumulative days on market: 17 days
      • Listing terms: Cash,Cash to New Loan
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Paved

        Estimated market value

        $2,490,900

        $2.37M - $2.62M

        $4,516/mo

        Price history

        DateEventPrice
        8/3/2026Contingent$2,499,000$685/sqft
        Source: CRMLS #LG26160849 Report a problem
        7/28/2026Listed for sale$2,499,000$685/sqft
        Source: CRMLS #LG26160849 Report a problem
        11/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/11/2023Listed for rent$2,500$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,920 +5.6%$77,241 +2%
        2024$2,766 +7.6%$75,727 +2%
        2023$2,571 +8.4%$74,243 +2%
        2022$2,372 +8.5%$72,788 +2%
        2021$2,187 +3%$71,361 +1%
        2020$2,124 $70,630 +2%
        2019$2,124 +3%$69,246 +2%
        2018$2,061 +3.3%$67,889 +2%
        2017$1,995 $66,558 +2%
        2016$1,995 +1.3%$65,253 +1.5%
        2015$1,970 +2.4%$64,273 +2%
        2014$1,925 $63,014 +0.5%
        2013-- $62,730 +2%
        2012-- $61,500 +2%
        2011-- $60,295 +0.8%
        2010-- $59,845 -0.2%
        2009-- $59,988 +2%
        2008-- $58,812 +2%
        2007-- $57,659 +2%
        2006-- $56,529 +2%
        2005-- $55,421 +2%
        2004-- $54,335 +1.9%
        2003-- $53,340 +2%
        2002-- $52,295 +2%
        2001$1,186 +4.3%$51,270 +2%
        2000$1,137 $50,265
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 92627

        Getting around

        77 / 100
        Very Walkable
        40 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help

            Nearby cities

            Nearby zip codes

            Other Costa Mesa Topics

              Search
              Updates
              Favorites
              Plan
              Inbox