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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,850,000

Est. payment - /mo

6,098 Sqft Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26211173

HOA Y/N No

Year Built 1977

Lot Size 6,098 Sqft

Property Sub-Type Apartment

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

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Dog Park, Golf, Park, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 41812206

Energy Description 848.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com, DRE #01273871

NEARBY SCHOOL & BUSINESS

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3029 Jeffrey DR Costa Mesa, CA 92626