Back to search
2976 Royal Palm — photo 1

About this property

2976 Royal Palm Drive, Costa Mesa, CA 92626 presents a compelling investment opportunity in one of the area’s most desirable rental markets. This fully occupied 4-plex generates income from day one, with all four units currently rented and strong tenant demand supporting long-term stability. The property features four spacious 2-bedroom, 1-bath units, each with desirable amenities that help attract and retain quality tenants. Located in the highly sought-after Mesa Verde area, it offers the kind of location advantage that typically supports consistent occupancy and future rent growth. Priced at $2,150,000, this asset is well-positioned for investors seeking reliable cash flow, potential appreciation, and a strong long-term hold in a proven Costa Mesa neighborhood. With immediate rental income already in place, this is the type of property that can deliver both current returns and future upside.

Listed by Colby Reedy · The L3

Estimate your monthly payment

$
%

$430,000 down

%
%/yr
$/mo
$/mo

Estimated monthly payment

$12,992

$10,872

Principal & interest

$1,971

Property tax

$150

Insurance

$1,720,000

Loan amount

Estimates only, for planning purposes — not a loan offer or commitment. Actual rates, taxes, and insurance vary. Consult a licensed lender.

Listing data is provided courtesy of the participating MLS. Information deemed reliable but not guaranteed. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.