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$ 1,850,000
Est. payment | /mo
7 Beds
4 Baths
6,098 Sqft Lot
$ 1,850,000
Est. payment | /mo
7 Beds
4 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26211173
Bedrooms 7
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
3029 Jeffrey Drive is a well-located triplex in Costa Mesa, offering investors an attractive entry point into one of Orange Countys strongest rental markets. Built in 1977, the 3,023 SF property sits on a 6,098 SF lot and features a practical unit mix of (1) 3BR/2BA unit and (2) 2BR/1BA units. Residents benefit from washer/dryer hookups, private patios and balconies, and ample parking, including (4) garages and (2) open spaces for a 2:1 parking ratio. Located just half a mile from South Coast Plaza, the property offers convenient access to premier retail, major employment centers, and a broad range of lifestyle amenities supporting strong and durable tenant demand. With approximately 23% rental upside, 3029 Jeffrey Drive presents a compelling value-add opportunity for investors seeking a combination of in-place income potential and mark-to-market growth within a high-demand Costa Mesa submarket.
Location
State CA
County Orange
Zoning Public Rec
Direction East of the 73 Freeway and South of Paularino Avenue.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 41812206
Listed by Rick Applebaum, DRE#01273871 Morgan Skenderian
Co-listed byPaul Espinosa • Morgan Skenderian
Co-listed byPaul Espinosa • Morgan Skenderian
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