Costa Mesa, CA 92626,2976 Royal Palm Drive
$1,975,000
Est. payment /mo
$1,995,000
1.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 Beds
3,550 SqFt
SOLD DATE : 11/07/2025

Key Details

Sold Price $1,975,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $556

MLS Listing ID CRPW25237040

Sold Date 11/07/25

Bedrooms 8

HOA Y/N No

Year Built 1960

Lot Size 7,350 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

Don't Miss This Prime Investment Opportunity in Coveted Mesa Verde! This 4-plex is located in a distinctive street with a mix of single family homes on one side and well kept multifamily units on the other. Nearby homes are listed around $1.7 million, adding to the appeal and long-term value of this investment. The property features four spacious 2-bedroom, 1-bath apartments, each fully rented. Every unit includes in-unit washer/dryer hookups, a private 1-car garage, and additional parking directly behind the garage. All units are individually metered for electricity and gas, making it easier to manage and more cost-efficient for both tenants and owner. Three of the four units have direct street-level access, while the fourth unit features a second-floor entrance. Each unit enjoys its own separate entry, providing added independence and privacy for residents. Some of the most recent upgrades include 3 new sub-panels, new furnace in one of the units, concrete walkway and handrail from staircase, roof replaced in 2017, and SB721 compliant (2022). Property has been professionally managed. Perfectly situated minutes from top-rated schools, Mesa Verde Country Club, parks, premier shopping and dining, and Southern California's best beaches. Easy commute with quick access to the 405, 55

Location

State CA

County Orange

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Carpet

Fireplace No

Laundry Other, Inside

Exterior

Exterior Feature Front Yard

View Y/N true

View Other

Total Parking Spaces 8

Building

Lot Description Front Yard

New Construction No

Others

Tax ID 13920309

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bridge MLS
Listed by Pablo Velasquez • Advance Realty
Bought with MatthewKanoudi

GET MORE INFORMATION

Name
Phone*
Message