For Sale

Listed by Rick Applebaum and Paul Espinosa from Morgan Skenderian

Source: San Diego MLS #PW26211173

3029 Jeffrey Drive, Costa Mesa, CA, 92626

$1,800,000

7
4
6098 sq. ft.

MultiFam

•

29 days on the market

What's around 3029 Jeffrey Drive

About this property

3029 Jeffrey Drive is a well-located triplex in Costa Mesa, offering investors an attractive entry point into one of Orange Countys 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.

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