For sale · Pending

2209 Elden Avenue

Costa Mesa, CA 92627

$2,499,000
Lot size0.2071 acres
Property typeQuadruplex
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Listing broker / agent: Arbor Real Estate · Matt Perry · 949-233-8161 · CRMLS

MLS # LG26160849 · Last checked Oct 12, 2026 22:24 UTC

About this property

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.

Property details

MLS number
LG26160849
Status
Pending
Type
Residential Income
Subtype
Quadruplex
Lot size
0.2071 acres
Year built
1932
Stories
2
More property detailsExpandCollapse

Listing

Days on market
55

Building

Year built
1932
Year built source
Assessor
Architectural style
Spanish, Traditional
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Drywall, Frame, Plaster, Stucco
Roof
Asphalt, Composition, Spanish Tile
Foundation
Raised, Slab
Condition
Turnkey

Rooms & interior

Rooms
Attic, Bedroom, Great Room, Kitchen, Laundry, Loft, Living Room, Primary Bathroom, Primary Bedroom, Office
Appliances
Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water Heater
Interior features
Built In Features, Ceiling Fans, Crown Molding, Cathedral Ceilings, Granite Counters, High Ceilings, Recessed Lighting, Storage, Tile Counters, Attic, Bedroom On Main Level, Loft, Main Level Primary
Flooring
Carpet, Stone, Wood
Heating
Forced Air, Wall Furnace
Fireplace
Gas, Living Room, Masonry, Wood Burning
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Laundry Room
Accessibility features
None

Exterior & parking

Total parking spaces
3
Garage spaces
3
Parking
Concrete, Direct Access, Driveway Level, Garage
Pool
None
Spa
None
Exterior features
Rain Gutters
Lot features
Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Yard
Lot size source
Assessor
Fencing
Block, Good Condition
Property outlook
Courtyard

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community features
Curbs, Storm Drains, Street Lights, Park

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Heinz Kaiser Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa 2–6 0.4 mi
Woodland Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa K–1 0.7 mi
College Park Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa Not reported 0.7 mi
Back Bay High (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa 9–12 1.0 mi
Everett A. Rea Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa 2–6 1.1 mi
Pomona Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa Not reported 1.3 mi
International School for Science and Culture (school website, opens in a new tab) Orange County Department of Education · Costa Mesa K–8 1.3 mi
Maude B. Davis Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa Not reported 1.3 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$2,499,000
MLS-reported original asking price
$2,499,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 9, 2026 18:24$2,499,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Costa Mesa

Active residential homes for sale in Costa Mesa, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings114Current authorized inventory
Median asking price$1,549,944114 listings with a valid price
Median asking price / sq ft$824.84110 listings with confirmed sq ft
Median days on market30114 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction14
Listings with an increase0

14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-13 01:08 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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2209 Elden Avenue