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Listed by Pablo Velasquez • Advance Realty
$ 1,995,000
Est. payment /mo
New
2976 Royal Palm Drive Costa Mesa, CA 92626
3,550 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,550 sqft
Price per Sqft $561
MLS Listing ID CRPW25237040
HOA Y/N No
Year Built 1960
Lot Size 7,350 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Don't Miss This Prime Investment Opportunity in Coveted Mesa Verde! This 4-plex is located in a distinctive street with a mix of single family homes on one side and well kept multifamily units on the other. Nearby homes are listed around $1.7 million, adding to the appeal and long-term value of this investment. The property features four spacious 2-bedroom, 1-bath apartments, each fully rented. Every unit includes in-unit washer/dryer hookups, a private 1-car garage, and additional parking directly behind the garage. All units are individually metered for electricity and gas, making it easier to manage and more cost-efficient for both tenants and owner. Three of the four units have direct street-level access, while the fourth unit features a second-floor entrance. Each unit enjoys its own separate entry, providing added independence and privacy for residents. Some of the most recent upgrades include 3 new sub-panels, new furnace in one of the units, concrete walkway and handrail from staircase, roof replaced in 2017, and SB721 compliant (2022). Property has been professionally managed. Perfectly situated minutes from top-rated schools, Mesa Verde Country Club, parks, premier shopping and dining, and Southern California's best beaches. Easy commute with quick access to the 405, 55
Location
State CA
County Orange
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Carpet
Fireplace No
Laundry Other, Inside
Exterior
View Other
Building
Lot Description Front Yard
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