$4,000,000
220 Knox PlaceCosta Mesa, CA 92627Eastside Heights
The home
About 2653 Santa Ana
Exceptional four-unit investment opportunity on an expansive 11,000+ square foot lot in one of Costa Mesa's most desirable rental markets. Fully occupied and generating immediate cash flow, this rare offering combines stable income, significant value-add potential, and exceptional long-term appreciation. All four units are currently leased, providing strong in-place income, with two recently renovated units and a long-term tenant contributing to stable occupancy. Investors can enjoy dependable cash flow today while benefiting from future rental growth as units turn over.
Beyond its current income, the property's greatest asset is its oversized 11,000+ square foot lot and eight detached garages, creating exciting possibilities for ADU conversions or other future development opportunities (buyer to verify with the City of Costa Mesa). Whether your investment strategy is to maximize rental income, add value through future improvements, or capitalize on the property's redevelopment potential, this unique asset offers flexibility rarely found in coastal Orange County.
Ideally located just minutes from Orange Coast College, Newport Beach, John Wayne Airport, Kaiser Permanente, the popular 17th Street dining and shopping district, Triangle Square, and the 55, 73, and 405 Freeways, the property enjoys exceptional convenience and consistently strong tenant demand.
Investment opportunities offering this combination of immediate cash flow, an oversized lot with potential ADU opportunities, and a premier Costa Mesa location are exceptionally rare. Whether you're expanding your portfolio or securing a legacy investment with multiple paths for future growth, this property delivers the income, location, and upside today's investors are seeking.
Property details for 2653 Santa Ana
This fourplex sits in the Eastside Heights neighborhood of Costa Mesa in Orange County. It offers 3,500 square feet of living space and is listed at $3,199,000, about $914 per square foot. The home was built in 1927. The MLS record lists the assessor parcel number as 439-201-33. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $3,199,000
- Days On Site
- 61 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,500 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1927
- MLS® Number
- PW26165836
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Quadruplex
- MLS Number
- PW26165836
- Year Built
- 1927
- Lot Size (sq ft)
- 11,550
- Lot Size (acres)
- 0.2652
- Parking Spaces
- 8
- Parcel Number
- 43920133
- On Market Date
- 2026-08-04
- Listing Terms
- Standard
Interior Features
- Laundry
- Inside, Outside
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
Exterior Features
- Parking
- Assigned
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 4
Community Features
- Subdivision
- Eastside Heights (EHCM)
- Community Features
- Biking, Curbs, Dog Park, Golf, Street Lights, Sidewalks
The record
Property History for 2653 Santa Ana
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 4, 2026 | Listed for sale | $3,199,000 |
No prior MLS sales on record for this home since 2012.
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$24,545/mo
10% down · 30-year fixed · $319,900 down
Principal & interest$19,213
Mortgage insurance (est., over 80% LTV)$1,200
Property tax (est. 1.2%)$3,199
Home insurance (rough est., varies widely)$933
HOANot reported, not included
$21,210/mo
20% down · 30-year fixed · $639,800 down
Principal & interest$17,078
Property tax (est. 1.2%)$3,199
Home insurance (rough est., varies widely)$933
HOANot reported, not included
$19,075/mo
30% down · 30-year fixed · $959,700 down
Principal & interest$14,943
Property tax (est. 1.2%)$3,199
Home insurance (rough est., varies widely)$933
HOANot reported, not included
Estimated carrying cost
$4,132/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.2%)$3,199
Home insurance (rough est., varies widely)$933
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Costa Mesa rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 2653 Santa Ana
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Selling near 2653 Santa Ana
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The neighborhood
About Costa Mesa
Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.
Location
Location
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Listed by Mario Mitchell of Keller Williams Coastal Prop.
Listing information updated Sep 25, 2026 at 10:44 AM PT. Source: CRMLS.
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. The 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, the 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.