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Jessamine Walker

jessamine@walkerpropertygroupca.com +1(949) 241-2927

$ 2,499,000

Est. payment | -/mo

9,021 Sqft Lot

Save

$ 2,499,000

Est. payment | -/mo

Save

9,021 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Eastside Central (Eccm)

MLS Listing ID LG26160849

Construction Status Turnkey

HOA Y/N No

Year Built 1932

Lot Size 9,021 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Rooms

Other Rooms Shed(s), Storage

Interior

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

Heating Forced Air, Wall Furnace

Flooring Carpet, Stone, Wood

Fireplaces Type Gas, Living Room, Masonry, Wood Burning

Fireplace Yes

Appliance 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

Exterior

Exterior Feature Rain Gutters

Parking Features Concrete, Direct Access, Driveway Level, Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Block, Good Condition

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Courtyard

Roof Type Asphalt,Composition,Spanish Tile

Accessibility None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Yard

Story 2

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Spanish, Traditional

Level or Stories Two

Additional Building Shed(s), Storage

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 42605106

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 1210.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Matt Perry Arbor Real Estate 949-233-8161, DRE #01192690

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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2209 Elden AVE Costa Mesa, CA 92627