$2,150,000
 $11,542 est/mo Sourced by Back At You

2976 Royal Palm,Costa Mesa, CA 92626

Costa Mesa, CA 92626

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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.

Details

MLS #OC26152871
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site103
Listing Provided ByThe L3 | Colby Reedy

Features

SQ Feet7,405
Garage4
Story(s)2
Units4
Building(s)1
Acreage0.17

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesNear Park, Near Public Transit

Parking

Parking FeaturesGarage
Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks, Park

Area Information

StateCA
CountyOrange
CityCosta Mesa
Zip Code92626
AreaC1 Mesa Verde
Community NameMesa Verde Residential Income (MVRI)
Listing VS Median (in Mesa Verde Residential Income (MVRI))
Price:
$2,150,000
low | high
Med:
$2,075,000
53.488395348837% of Average
sqft:
7,405
low | high
Med:
5,478
76.029709655638% of Average
$ / sqft:
$290
low | high
Med:
$427
2.980723255814% of Average
On site:
103
low | high
Med:
61
100% of Average
Sourced by Back At You

Market Activity 92626

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Contact

Learn More About This Property

Allen Lane

Allen Lane

Desert Lifestyle Properties

01952730 (760) 408-2963realtor.allenlane@gmail.com
StateCA
CountyOrange
CityCosta Mesa
Zip Code92626
AreaC1 Mesa Verde
Community NameMesa Verde Residential Income (MVRI)
Listing VS Median (in Mesa Verde Residential Income (MVRI))
Price:
$2,150,000
low | high
Med:
$2,075,000
53.488395348837% of Average
sqft:
7,405
low | high
Med:
5,478
76.029709655638% of Average
$ / sqft:
$290
low | high
Med:
$427
2.980723255814% of Average
On site:
103
low | high
Med:
61
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:48:02 PM PDT

Specialty Areas

Real Estate

Allen Lane
200 N Sunrise Way Ste.B
Palm Springs, CA 92262
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
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