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3029 Jeffrey Drive, Costa Mesa, CA 92626

$1.8M0ba · 3,023 sqft
Lot 6,098 sqft•Apartment•
Active
•35d on market•MLS# PW-26211173

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.

Features & Amenities

FeeBuilt 1977

Property Details

Land Type
Fee
Year Built
1977
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
6
Garage Spaces
4
City
Costa Mesa
Zip Code
92626
County
Orange
Listed byMorgan Skenderian, Rick Applebaum

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,101.78
Principal & Interest
Loan Amount
$1,440,000
Total Interest
$1,836,641
Total Payment Over 30 Years
$3,276,641
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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