2209 Elden Ave , Costa Mesa, CA 92627
$2,499,000
Est. Payment: $12,619.22/mo
4 Bed
5 Bath
3650 Sqft
Status: active with contingency | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Matt Perry , 949-233-8161 Arbor Real Estate , 949-673-7600. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1932

County

Orange

Area

C5 - East Costa Mesa

Neighborhood

Eastside Central (ECCM)

Listing ID

LG26160849

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:
Appliances:Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water Heater
Floor:Carpet,Stone,Wood
Other: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
Other:Public

Exterior Features

Lot:Back Yard,Front Yard,Lawn,Landscaped,Level,Near Park,Near Public Transit,Rectangular Lot,Sprinkler System,Yard,No Land Lease
Garage Capacity:3
Roof:Asphalt,Composition,Spanish Tile
Others:Rain Gutters,Turnkey,Drywall,Frame,Plaster,Stucco,2+ Total Units
Sewer:Public Sewer
Parking Features:Concrete,Direct Access,Driveway Level,Garage
Principal Interest
$12,619
Taxes
$1,593

Home Price

$2,499,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$499,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,619.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,619.22 $1,593.11 $0.00 $14,212.33
Yearly $151,430.60 $19,117.35 $0.00 $170,547.95
Total $4,542,918.01 $573,520.50 $0.00 $5,116,438.51

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Costa Mesa, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T18:36:54.000Z

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