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2209 Elden Ave, Costa Mesa, CA 92627

$2,499,000
•
  • —

    bed

  • —

    bath

Multi-family pending

About 2209 Elden Ave

Property type Multi-family
Neighborhood
Year built 1932
HOA fee $0/month
Lot size 9,021 Sqft
Movoto estimate
Parking 3 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Matt Perry
Listing Agent Contact: 949-233-8161
Listing Office - Arbor Real Estate
Source: CRMLS mls logo
MLS#LG26160849 • last updated 1 week ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Pending
Lot Size (Acres) 0.2071
Lot Size (SqFt) 9021
Year Built 1932
Condition Turnkey
Interior
Appliances Water Heater, Disposal, Electric Water Heater, Microwave, Tankless Water Heater, Range Hood, Gas Range, Gas Oven, Dishwasher
Interior Features Crown Molding, Built-in Features, High Ceilings, Ceiling Fan(s), Recessed Lighting, Storage, Tile Counters, Cathedral Ceiling(s), Granite Counters
Accessibility Features None
Window Features Double Pane Windows, Skylight(s), Blinds, Screens
Exterior
Foundation Raised, Slab
Construction Plaster, Frame, Stucco, Drywall Walls
Building Area Square Feet, 3650
Parking Garage, Concrete, Direct Garage Access, Driveway Level
# Parking Spaces 3
# Garage Spaces 3
Other Structures Storage, Shed(s)
Lot Description Lot 6500-9999, Landscaped, Rectangular Lot, Level, Near Public Transit, Park Nearby, Front Yard, Sprinkler System, Back Yard, Lawn, Yard
Amenities / Utilities
Fireplaces Gas, Wood Burning, Masonry, Living Room
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Courtyard
County Orange
Community Features Curbs, Street Lights, Storm Drains
Subdivision Eastside Central (ECCM), Eastside Central (ECCM)
Directions From 22nd Street West, Right Turn On Elden Avenue
APN 42605106
Multifamily Details
Operating Expense 15263
Expense: Insurance 3716
Total Expenses 15263
Expense: Maintenance 1200
Expense: Water/ Sewer 1802
Expense: Electric 4415
Gross Scheduled Income 132300
Expense: Fuel 1210
Expense: Gardener 1200
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Average Studio Area 912
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8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Eastside Costa Mesa

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  • Real Estate
  • CA
  • Orange County
  • Costa Mesa
  • 92627
  • Eastside Costa Mesa
  • 2209 Elden Ave

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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