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Listed by Rick Applebaum, DRE #01273871 • Morgan Skenderian
$1,800,000
Est. payment /mo
6,098 Sqft Lot
Price Dropped by $50K
3029 Jeffrey DR Costa Mesa, CA 92626
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26211173
Year Built 1977
Lot Size 6,098 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
3029 Jeffrey Drive is a well-located triplex in Costa Mesa, offering investors an attractive entry point into one of Orange County's 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
Area C3 - South Coast Metro
Interior
Laundry 30, 38
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 41812206
Special Listing Condition Not Applicable
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