About this property
3029 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.
Listed by Rick Applebaum · Morgan Skenderian
Estimate your monthly payment
$370,000 down
Estimated monthly payment
$11,200
$9,355
Principal & interest
$1,696
Property tax
$150
Insurance
$1,480,000
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.