$1,799,000
3049 Jeffrey Drive
Costa Mesa, CA, 92626
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.
Property Details
Price:
$1,799,000
MLS #:
OC24194990
Status:
Active
Baths:
0
Address:
3049 Jeffrey Drive
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c3southcoastmetro
City:
Costa Mesa
Listed Date:
Sep 19, 2024
State:
CA
ZIP:
92626
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1977
Schools
Interior
Cooling
None
Heating
Forced Air
Exterior
Community Features
Gutters, Sidewalks, Urban
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre, Back Yard, Level with Street
Parking Spots
4.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
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3049 Jeffrey Drive
Costa Mesa, CA
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