2976 Royal Palm Drive, Costa Mesa, CA 92626 presents a compelling investment opportunity in one of the areas 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
8 bedrooms
4 bathrooms
crop_free7405 sq. ft. lot size
cottageMulti-Family
Property history for 2976 Royal Palm Drive
2025
Sold
$1,975,000
07 Nov 2025 by Pablo Velasquez, of Advance Realty
2024
Sold
$1,980,000
20 May 2024 by Alma Del Valle, of Lugo Brothers Re
Happy sellers in Costa Mesa
95%
sentiment_very_satisfied
95% of sellers in Costa Mesa reported that their sale price either exceeded or met their price expectations.
Costa Mesa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 4 reviews in Costa Mesa over the last 12 months.
Local market activity for 8 bedroom multi families in Costa Mesa
Sold
For Sale
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