REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 4,525,000
Est. payment /mo
Active
2230 Canyon Drive Costa Mesa, CA 92627
8,260 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,260 sqft
Price per Sqft $547
MLS Listing ID OC-25238637
Year Built 1956
Lot Size 0.340 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Orange
Interior
Heating Forced Air
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 8.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description Level with Street
Sewer Public Sewer