Sold for $5,700,000

Listed by: Morgan Skenderian • Nick Gould • Contact: 949-251-8800

Bought with: Morgan Skenderian

$5,700,000

2312 Santa Ana Ave, Costa Mesa, CA 92627

24beds

16baths

9,928sqft

Multi Family

Built in 1968

-- sqft lot

$-- Zestimate^®

$574/sqft

$6,932 Estimated rent

Home value

Not available

Estimated sales range

Not available

$6,932/mo

Zestimate^® history

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$35,410/mo

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$35,410/mo

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What's special

We are pleased to present 2312 Santa Ana Avenue, a 12-unit apartment community in the heart of the Eastside Costa Mesa submarket. This is the first time in over 50 years this property has been listed for sale. Situated on a massive 36,155 SF (.83AC) lot, this property is comprised of all 2-bedroom units, (8) 2-Bedroom/1-Bathroomsingle story units, and (4) 2-Bedroom/1.5-Bathroom Townhouse Style units, this is a truly generational and rare opportunity for an investor. There is ample parking on the property with (12) single-car garages with newly installed garage door openers, and there are (15) off-street parking spaces. There is also a community courtyard in between the two apartment structures and each unit has its own private patio or yard. Tenants also have access to coin-operated on-site laundry facilities. **Seller will consider Carrying 1st Trust Deed**

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 16

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 9,928
Total interior livable area: 9,928 sqft

Property

Parking

Total spaces: 27
Parking features: Garage
Garage spaces: 12
Uncovered spaces: 15

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 0.83 Acres
Features: 11-15 Units/Acre

Details

Parcel number: 11933244
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1968

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Curbs, Preserve/Public Land, Storm Drain(s), Street Lights
Subdivision: ,Other

Location

Region: Costa Mesa

Financial & listing details

Price per square foot: $574/sqft
Date on market: 2/6/2023
Cumulative days on market: 123 days
Listing terms: Cash,Cash to New Loan
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
8/10/2023	Sold	$5,700,000-16.2%$574/sqft
Source: CRMLS #PW23020563 Report a problem
6/9/2023	Pending sale	$6,800,000$685/sqft
Source: CRMLS #PW23020563 Report a problem
3/31/2023	Listed for sale	$6,800,000-5.5%$685/sqft
Source: CRMLS #PW23020563 Report a problem
3/3/2023	Contingent	$7,195,000$725/sqft
Source: CRMLS #PW23020563 Report a problem
2/6/2023	Listed for sale	$7,195,000$725/sqft
Source: CRMLS #PW23020563 Report a problem