2976 Royal Palm

Costa Mesa, CA 92626

About this property

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.

About this property

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.

Features and Additional Information

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$2,150,000 Active
7,405 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
The L3
1-714-444-4663
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Area Information

C1 Mesa Verde | Orange County | Mesa Verde Residential Income (MVRI)

$ 2,150,000
This listing is play_arrow 3.6% higher than the average in the area
$ 2,075,000 in the area
7,405 SqFt
This listing is play_arrow 35.2% larger than the average in the area
5,478 SqFt in the area
$ 290 $/SqFt
This listing is play_arrow 32.0% less than the average in the area
$ 427 $/SqFt in the area
104 days on site
This listing is play_arrow 67.7% above the average in the area
62 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Colby Reedy
Brokerage: The L3

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