2976 Royal Palm, Costa Mesa, CA 92626
2976 Royal Palm, Costa Mesa, CA 92626
2976 Royal Palm, Costa Mesa, CA 92626
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$2,150,000
Est. payment /mo
7,405 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Mesa Verde Residential Income (Mvri)

MLS Listing ID OC26152871

HOA Y/N No

Year Built 1960

Lot Size 7,405 Sqft

Property Sub-Type Quadruplex

Property Description

2976 Royal Palm Drive, Costa Mesa, CA 92626 presents a compelling investment opportunity in one of the area's most desirable rental markets. This fully occupied 4-plex generates income from day one, with all four units currently rented and strong tenant demand supporting long-term stability.

The property features four spacious 2-bedroom, 1-bath units, each with desirable amenities that help attract and retain quality tenants. Located in the highly sought-after Mesa Verde area, it offers the kind of location advantage that typically supports consistent occupancy and future rent growth.

Priced at $2,150,000, this asset is well-positioned for investors seeking reliable cash flow, potential appreciation, and a strong long-term hold in a proven Costa Mesa neighborhood. With immediate rental income already in place, this is the type of property that can deliver both current returns and future upside.

Location

State CA

County Orange

Area C1 - Mesa Verde

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside, Stacked

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description Near Park, Near Public Transit

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13920309

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Colby Reedy The L3 949-445-5562, DRE #01943839

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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