2230 Canyon Drive, Costa Mesa, CA, 92627

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$4,525,000
New Listing

2230 Canyon Drive
Costa Mesa, CA 92627

For Sale|Apartment|Active
0
Beds
0
Total Baths
8,260
SqFt
$548
/SqFt
1956
Built
County:
Orange
Listed by Tyler Leeson of Marcus & Millichap RE Invest tleeson@marcusmillichap.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

2230 Canyon Drive2230 Canyon Drive2230 Canyon Drive2230 Canyon Drive
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2230 Canyon Drive is a 7-unit multifamily investment opportunity located in the highly desirable city of Costa Mesa, California. Built in 1990, the gated property consists entirely of spacious two-story, 2-bedroom/2.5-bath townhouse-style units, a rare and highly attractive offering in today’s rental market. Six units feature a front patio, back patio, and private balcony, while the rear unit offers a front patio and a large private backyard. Residents benefit from ample parking with eight garages and eight surface spaces, along with the convenience of laundry hookups in every unit. Five units have been thoughtfully renovated with modern finishes including shaker-style cabinetry, vinyl flooring, recessed lighting, and stainless-steel kitchen appliances. The property’s renovation program has proven effective, giving investors an opportunity to capture additional upside through continued upgrades, while current tenants already enjoy generous layouts and abundant private outdoor space that distinguish these units from competing rentals. 2230 Canyon Drive offers residents everyday convenience with walkable access to schools such as Victoria Elementary, Estancia High School, and the Waldorf School of Orange County. Nearby parks and open spaces include Talbert Regional Park, a 180-acre preserve with extensive bike and pedestrian trails, as well as Fairview Park and direct access to the Santa Ana River Trail and Banning Channel Bikeway. Within two miles of the property are Harbor Boulevard and Brookhurst Street, both of which offer an array of retail centers, restaurants, and daily conveniences. 2230 Canyon Drive represents a rare opportunity to acquire a well-maintained coastal Orange County multifamily asset with spacious townhouse layouts, ample outdoor space, in-unit laundry hookups, and clear upside through a proven renovation strategy. This property is well-positioned for investors seeking a high-quality asset with strong renter demand and long-term growth potential in one of Costa Mesa’s most desirable neighborhoods.

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Listing Snapshot
Price 
$4,525,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,260 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1956
MLS® Number 
OC25238637
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
23 hours agoListing first seen on site
23 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.34
Garage 
Yes
Garage Spaces 
8
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking Spaces 
16
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8260
Water Source 
Public
Interior Features
Heating 
Forced Air
Laundry Features 
Washer HookupGas Dryer Hookup
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
699 - Not Defined


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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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