2689 Santa Ana Avenue, Costa Mesa, California 92627, Costa Mesa, 92627 - 4 bed, 3 bath

2689 Santa Ana Avenue
Costa Mesa, California 92627
Property Price
SUMMARY
Analysis of 2689 Santa Ana Avenue, Costa Mesa, California 92627 reveals a Fairly Priced Property with a current list price of $1,850,000 aligned with the estimated $1,822,513 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Costa Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2689 Santa Ana Avenue Subject | $1,850,000* List Price | 4 | 3 | 1,208 | $1,509 | - |
A 389 Mira Loma Active | $2,295,000 List Price | 4 | 2 | 1,683 | $1,364 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent updates that blend its 1953 character with modern amenities. Key improvements include a refreshed kitchen with quartz countertops and subway tile, beautifully remodeled bathrooms, and the addition of a functional, updated detached ADU. The presence of travertine flooring, tankless water heaters, and well-maintained faux grass landscaping indicates a high level of upkeep, though the 'refaced' cabinetry and original 1950s structure place it in the 'good' rather than 'excellent' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7216, living area = 1208.
- Detached ADU & Versatility
The property includes a 416 sq. ft. detached structure with a private entrance, full bath, and tankless water heater, providing immediate potential for rental income, a home office, or a guest suite.
- R2 Zoning & Development Potential
Situated on a spacious 7,216 sq. ft. lot with R2 zoning, the property offers a rare opportunity for significant expansion or the development of a second residential unit, enhancing long-term investment value.
CONSRISKS & DEFICIENCIES
- Limited Main House Square Footage
The primary residence is relatively compact at approximately 1,208 sq. ft. for a 3-bedroom layout, which may feel undersized for families expecting more expansive living areas at this price point.
- Recent Price Volatility
Multiple price reductions since the initial listing suggest the property has struggled to find its market value, potentially indicating buyer hesitation regarding the price-to-size ratio.
About 2689 Santa Ana Avenue
Step into your own private world with this quintessential Eastside Costa Mesa charmer, perfectly positioned on a spacious lot offering endless potential. The main home spans approximately 1,208 sq. ft. and features 3 bedrooms plus an office area, blending timeless character with modern updates. The living room welcomes you with vaulted wood-beam ceilings, a cozy fireplace, and views of the tranquil courtyard, creating the perfect space for relaxing or entertaining. Natural light fills every corner, highlighting thoughtful details throughout. The kitchen has recently been refreshed with refaced cabinetry, quartz countertops, and subway tile backsplash, while the home’s travertine flooring, updated paint, and tankless water heater add to its comfort and appeal. Both bathrooms have been beautifully remodeled since the current owners purchased the home, showcasing modern finishes and fresh design touches that complement the home’s overall style. The property includes a detached structure of approx 416 sq. ft. with its own private entrance, travertine tile, tankless water heater, full bedroom and bathroom offers incredible flexibility, ideal as a home office, guest suite, art studio, or recreational room. The seller currently uses this space as an ADU. The property also includes a two-car garage, paver-lined driveway, and lush low-maintenance landscaping with faux grass in both the front and rear yards. Located in the heart of Eastside Costa Mesa, this home is just moments from Newport Beach’s Back Bay Nature Preserve, 17th Street’s premier shopping and dining, and A+ schools. The property is also a little over two miles from UCI Health’s newly developed, state-of-the-art all-electric medical facility—a 144-bed hospital featuring a 24/7 emergency department, zero-emissions design, and advanced healthcare services as part of a major regional medical campus expansion. The presence of world-class institutions investing nearby reflects long-term confidence in the area’s growth, infrastructure, and future. The best of Southern California coastal living. Zoned R2, which may allow for the development of a second residential unit or expansion of the existing additional dwelling.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 7,216 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Heinz Kaiser Elementary School
Grades 3-6 • 1.4 mi
Woodland Elementary School
Grades PK-2 • 1.6 mi
Mariners Elementary School
Grades PK-6 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,208 | 1,752.5 | 20% |
| Lot Size | 7,216 | 6,377.5 | 62% |
| Price | $1.85M | $1.66M | 62% |
| Price per sq ft | $1.5K | $1.0K | 93% |
| Built year | 1953 | 1957 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 157 | 28% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,850,000
$1,899,000
-3% Price Drop
Initial Listing
Price Change
Jan 14, 2026
$1,899,000
$1,980,000
-4% Price Drop
Initial Listing
Price Change
Nov 4, 2025
$1,980,000
Initial Listing
Sold
Mar 23, 2005
$660,000
Public Record




















































