Costa Mesa, CA 92627 2525 Elden
$3,600,000
Pending
10 more
Presented By: John Kelly with Seven Gables Real Estate; 949-233-5574
Baths • 1
SQFT • 3,945
Garage • 3
Home Details
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.
Presented By: John Kelly with Seven Gables Real Estate; 949-233-5574
Interior Features for 2525 Elden
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall, No One Above
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesInside
Total Stories1
Other Rooms
Entry Level1
General for 2525 Elden
Additional Parcels Y/NNo
AppliancesDishwasher
Architectural StyleRanch
Building Area UnitsSquare Feet
Cap Rate3.85
CityCosta Mesa
Community FeaturesBiking, Curbs, Dog Park, Gutter(s), Hiking, Suburban
CoolingNone
CountyOrange
DirectionsFrom Del Mar Turn right onto Elden
ElectricElectricity - On Property, Standard
Electric Expense1
Entry Location1
Facing DirectionEast
Fuel Expense1
Garage Spaces3
Garage Y/NYes
Gross Income138724
HOANo
HOA Fee$
HeatingCentral, Forced Air
Insurance Expense5700
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet20130
Lot Size UnitsSquare Feet
MLS AreaC5 - East Costa Mesa
Net Operating Income138724
New ConstructionNo
Number Of Units Total5
Number of Units Leased6
Open Parking Spaces13
Operating Expense46472
Pool FeaturesNone
PostalCityCOSTA MESA
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count1
Subdivision NameEastside North (ENCM)
Tax Lot76
Taxes$37,718
Tenant PaysElectricity, Gas, Water
Total Actual Rent15433
Trash Expense539
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense1075
Year Built1947
Year Built SourceAppraiser
Exterior for 2525 Elden
Building Area Total3945
Exterior AmenitiesRain Gutters
FencingBlock, Wood
Foundation DetailsSlab
Lot FeaturesBack Yard, Rectangular Lot, Yard
Lot Size Acres0.4621
Lot Size Area20130
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters6
Parking FeaturesDirect Access, Driveway, Garage, Unassigned, Unpaved
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking16
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®