2209 Elden Avenue, Costa Mesa, CA 92627
- $2,499,000
- List Price
- $2,499,000
- Status
- ACTIVE
- MLS#
- LG26160849
- Year Built
- 1932
- Lot Size
- 9,021
- Acres
- 0.21
- Lot Location
- Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Yard
- Days on Market
- 1
- Property Type
- Multifamily
- Style
- Spanish, Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Eastside Central (Eccm)
Property Description
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.
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Additional Information
- Other Buildings
- Shed(s), Storage
- Appliances
- Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water Heater
- Pool Description
- None
- Fireplace Description
- Gas, Living Room, Masonry, Wood Burning
- Heat
- Forced Air, Wall Furnace
- View
- Courtyard
- Exterior Construction
- Drywall, Frame, Plaster, Stucco
- Roof
- Asphalt, Composition, Spanish Tile
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior 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
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $132,300
- Operating Expense
- 15263
Listing courtesy of Listing Agent: Matt Perry (matt@perrypropertyadvisors.com) from Listing Office: Arbor Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.