Price Reduced Listing3029 Jeffrey Drive is a well-located triplex in Costa Mesa, offering investors an attractive entry point into one of Orange County's 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.
| MLS # | PW26211173 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 35 |
| Listing Provided By | Morgan Skenderian | Rick Applebaum |
| SQ Feet | 3,023 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Golf Course | Yes |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Curbs, Dog Park, Golf, Park, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Costa Mesa |
| Zip Code | 92626 |
| Area | C3 South Coast Metro |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,800,000 low | high Med: $799,999 sqft: 3,023 low | high Med: 1,029 $ / sqft: $595 low | high Med: $777 On site: 35 low | high Med: 5 | |
| State | CA |
|---|---|
| County | Orange |
| City | Costa Mesa |
| Zip Code | 92626 |
| Area | C3 South Coast Metro |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,800,000 low | high Med: $799,999 sqft: 3,023 low | high Med: 1,029 $ / sqft: $595 low | high Med: $777 On site: 35 low | high Med: 5 | |
![]() | $1,899,0003025 Jeffrey DriveCosta Mesa, CA 92626 |