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

2689 Santa Ana Avenue, Costa Mesa, California 92627 home-pic-0

2689 Santa Ana Avenue

Costa Mesa, California 92627

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,208Sq Ft
7,216Lot Size

Property Price

LIST PRICE$1,850,000
EST. MARKET VALUE
$1,822,513

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

$1,822,513
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2689 Santa Ana Avenue
Subject
$1,850,000*
List Price
431,208$1,509-
A
389 Mira Loma
Active
$2,295,000
List Price
421,683$1,3640.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

8/10

Woodland Elementary School

Grades PK-2 • 1.6 mi

/10

Mariners Elementary School

Grades PK-6 • 2.3 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths3.03.0
50%
Square foot1,2081,752.5
20%
Lot Size7,2166,377.5
62%
Price$1.85M$1.66M
62%
Price per sq ft$1.5K$1.0K
93%
Built year19531957
16%
HOA$0$0
50%
Days on market123157
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

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