2525 Elden, Costa Mesa, CA 92627
- $3,600,000
- List Price
- $3,600,000
- Status
- PENDING
- MLS#
- OC26068942
- Year Built
- 1947
- Lot Size
- 20,130
- Acres
- 0.46
- Lot Location
- Back Yard, Rectangular Lot, Yard
- Days on Market
- 31
- Property Type
- Multifamily
- Style
- Ranch
- Property Sub Type
- Mixed Use
- Stories
- One Level
- Neighborhood
- Eastside North (Encm)
Property Description
Three detached single family residences with one car garages AND a 3-plex with great market appeal. To the rear of the lot there is a vacant area that may be used to add an ADU (check with the City of Costa Mesa). Exceptional opportunity to acquire a versatile multi-family property in the heart of Costa Mesa. Situated at 2525 Elden Avenue, this income-producing asset is located in a highly sought-after neighborhood just minutes from the coast, top-tier dining, shopping, and major commuter routes. The property features a diverse and functional unit mix, perfect for maximizing rental yield: * Unit A 2-Bedroom, 1-Bath unit with Garage * Unit A2, B1 1- Bedroom, 1-Bath units * Unit A1 - 2 Bedroom, 1 Bath * Unit C - 2 Bedroom, 1 Bath with Garage * Unit D - 2 Bedroom, 1 Bath with Garage * Set on a rectangular parcel, over 20,000sf with an approximate vacant area in the back of the lot 66x50. The property offers strong in-place income with substantial upside potential for investors or owner-users seeking to reposition or enhance value. Opportunities like this are rare—prime location, solid fundamentals, and long-term appreciation potential in one of Orange County’s most desirable rental markets.
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Additional Information
- Appliances
- Dishwasher
- Pool Description
- None
- Heat
- Central, Forced Air
- Cooling Description
- None
- View
- None
- Roof
- Composition
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $185,196
- Operating Expense
- 46472
Listing courtesy of Listing Agent: John Kelly (JohnKelly@CostaMesaLiving.com) from Listing Office: Seven Gables 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.