2976 Royal PalmCosta Mesa, CA 92626

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1960

Stories

2

Building area

7,405 Sq Ft

Lot size

0.17 acres

Garage spaces

4

Parking spaces

8

Days on market

86

MLS^® Listing#

OC26152871

Property Features

Appliances

Washer/Dryer Stacked

Cooling

None

Heating

Wall Furnace

Fireplace

None

Pool

None

Parking

Garage

Laundry

Inside

Lot features

Near Public Transit

Community

Street Lights · Sidewalks · Park

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Parcel number

13920309

Directions

Baker and Harbor