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$ 1,799,000
Est. payment | /mo
7 Beds
4 Baths
6,098 Sqft Lot
$ 1,799,000
Est. payment | /mo
7 Beds
4 Baths
6,098 Sqft Lot
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.
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
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "