3102 Ginger Avenue Costa Mesa, CA $ 2,275,000
3102 Ginger Avenue
$ 2,275,000
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3102 Ginger Avenue

Costa Mesa, CA, 92626
$ 2,275,000
Baths2.0

Monthly Estimate*

$ 14,365

Listed by Innovate Realty, Inc.
3102 Ginger Avenue, Costa Mesa, CA 92626 - Image 1
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3102 Ginger Avenue, Costa Mesa, CA 92626 - Image 8
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Studio

Multi-Family Home for sale in Costa Mesa, CA

for $2,275,000 with 2 full baths. This home was built in 1969 on a lot size of 0.19.

3102 Ginger Street | Rare Mesa Verde Fourplex | Significant Rental & NOI Upside** Rarely available Mesa Verde fourplex with significant upside potential!** Ideally located in one of Costa Mesa’s most desirable neighborhoods, 3102 Ginger Street offers an exceptional combination of **below-market rents, an attractive unit mix, substantial parking, strong tenant appeal, and long-term value-add potential.**The property features **one spacious 3-bedroom residence and three 2-bedroom residences**, with larger-than-typical floor plans designed for comfortable residential living. **Seven on-site parking spaces** include a 2-car garage for the 3-bedroom unit and a 1-car garage for each 2-bedroom unit—an exceptional amenity in Costa Mesa. Three units are single-level, with two located upstairs, creating a desirable residential setting uncommon among four-unit properties. **The investment opportunity is compelling:** current rents are below market, providing a clear path for future rent increases, **NOI growth, and improved cash flow** as units naturally turn over. An investor can further enhance value through strategic rent adjustments and targeted property improvements while benefiting from the property’s highly desirable location and long-term appreciation potential. The generous lot features a spacious front lawn and landscaped grounds, reinforcing the property’s residential character. Located approximately **five miles from the coast**, with convenient access to South Coast Plaza, Orange Coast College, OC Fairgrounds, Triangle Square, major employment centers, shopping, dining, and entertainment.**A true value-add opportunity in one of Orange County’s premier rental markets—3102 Ginger Street offers the rare combination of four spacious residences, exceptional parking, below-market rents, and multiple avenues for future income and value growth.

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Multi-Family Active

Price

$ 2,275,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.19

Year Built

1969

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC26167308

Days on Market

14

Features
General
Sewer Public Sewer
Heating Central Fireplace(s)
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher
HOA Fee 0
Garage Spaces 5
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Exclusions All tenants personnel property.
Year Built 1969
Electric Electricity - On Property
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 809
Community Features Street Lights Sidewalks
County Orange
Net Operating Income 106600
Operating Expense 20695
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency Drive-by viewing only. Please do not walk the property or disturb the tenants. All offers are subject to interior inspection.
MaintenanceExpense 2412
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Harbor BLVD turn onto Date Place to Ginger
City Costa Mesa
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area C1 - Mesa Verde
Lot Size Units Square Feet
Lot Size Square Feet 8276
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 231.48
Fuel Expense 1194
Trash Expense 11921
Water Sewer Expense 2669
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Lot 11
Total Actual Rent 10820
Property Sub Type Additional Quadruplex
Cap Rate 4.69
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Interior
Fireplace Features Living Room
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area Laundry Room
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Brick Wood
Parking Features Garage
Lot Features Front Yard Sprinklers In Front Landscaped
Water Source Public
Total Parking 5
Lot Size Area 8276
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 0
Lot Size Acres 0.19
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Innovate Realty, Inc.

Broker

Homes@ShamooTeam.com

Email

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$14,365
Per Month
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Monthly Principal & Interest
$14,365
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$2,275,000 Listed Price

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3102 Ginger Avenue, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $2,275,000 with a lot size of 0.19. 3102 Ginger Avenue is a studio with 2.0 baths and was built in 1969. The property's zip code is 92626 which is in Costa Mesa, CA