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$1,799,000

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7 BD

4 BA

6,098 Sqft Lot

Active

3049 Jeffrey Drive Costa Mesa, CA 92626

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

09/20/2024 10:31 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24194990

Bedrooms 7

HOA Y/N No

Lot Size 6,098 Sqft

Property Description

3049 Jeffrey Road is an exceptional investment opportunity located in a high-demand area of Costa Mesa near the iconic shopping center of South Coast Plaza and conveniently located within close proximity to major freeways. This property offers great unit configurations having a ground floor 3 bedroom 2 bathroom unit and (2) two bedroom 1 bathroom units upstairs. Conveniently, one of the 2 bedroom units is located above the garages and does not share a wall with either of the other units providing additional privacy benefits for tenants . The 3 bedroom 2 bathroom ground-level unit has an expansive and private yard perfect for a family and the 2 bedroom units have their own balconies and private entry area providing ample space for tenants to personalize. One of the 2 bedroom units has been fully remodeled and the other two units only need basic cosmetic updates if anything. Overall, the property has been very well maintained and cared for over the years. Two of the units are on a Month-to-month lease and the third unit has a lease expiring January of 2025. Each unit comes with their own private laundry space and their own private garage however this Triplex offers a total of four garages providing additional income potential. Water heater and furnaces are also relatively new. This property has major upside potential for long term owners and has plenty of potential equity for a fix-and-flip contractor.
3049 Jeffrey Road is an exceptional investment opportunity located in a high-demand area of Costa Mesa near the iconic shopping center of South Coast Plaza and conveniently located within close proximity to major freeways. This property offers great unit configurations having a ground floor 3 bedroom 2 bathroom unit and (2) two bedroom 1 bathroom units upstairs. Conveniently, one of the 2 bedroom units is located above the garages and does not share a wall with either of the other units providing additional privacy benefits for tenants . The 3 bedroom 2 bathroom ground-level unit has an expansive and private yard perfect for a family and the 2 bedroom units have their own balconies and private entry area providing ample space for tenants to personalize. One of the 2 bedroom units has been fully remodeled and the other two units only need basic cosmetic updates if anything. Overall, the property has been very well maintained and cared for over the years. Two of the units are on a Month-to-month lease and the third unit has a lease expiring January of 2025. Each unit comes with their own private laundry space and their own private garage however this Triplex offers a total of four garages providing additional income potential. Water heater and furnaces are also relatively new. This property has major upside potential for long term owners and has plenty of potential equity for a fix-and-flip contractor.

Location

State CA

County Orange

Area Oc - Costa Mesa (92626)

Zoning Assessor

Interior

Appliance Forced Air Unit

Exterior

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $176

Acceptable Financing Conventional

Space Rent $2,341

Listing Terms Conventional

Listed by Kameron Brown • Pacific Sotheby's Int'l Realty

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

3049 Jeffrey Drive Costa Mesa, CA 92626

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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3049 Jeffrey Drive