3029 Jeffrey Drive Costa Mesa, CA ^$ 1,850,000

3029 Jeffrey Drive

^$ 1,850,000

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Recently Listed

3029 Jeffrey Drive

Costa Mesa, CA, 92626

^$ 1,850,000

Bedrooms-- Baths2.0 Sq 3,023

Monthly Estimate*

^$ 11,681

Listed by Rick Applebaum, Morgan Skenderian, rma@morganskenderian.com

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 1

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 2

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 3

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 4

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 5

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 6

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 7

3029 Jeffrey Drive, Costa Mesa, CA 92626 - Image 8

Multi-Family Home for sale in Costa Mesa, CA

for $1,850,000 with 2 full baths. This 3,023 square foot home was built in 1977 on a lot size of 0.14.

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.

Multi-Family Active

Price

^$ 1,850,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1977

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

PW26211173

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 4

Pool Features None

Year Built 1977

Property Subtype Apartment

Gross Income 102228

Community Features Biking Curbs Dog Park Golf Park Sidewalks

County Orange

Net Operating Income 64804

Operating Expense 34357

Insurance Expense 2682

New Construction false

Property Type Residential Income

MaintenanceExpense 2975

Subdivision Name Other

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions East of the 73 Freeway and South of Paularino Avenue.

City Costa Mesa

Entry Location Street

Senior Community Y/N false

Open Parking Spaces 2

Number Of Units Total 3

MLS Area C3 - South Coast Metro

Lot Size Units Square Feet

Lot Size Square Feet 6098

Listing Terms Cash to New Loan

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 318

Fuel Expense 848

Trash Expense 0

Water Sewer Expense 1801

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 28

Property Sub Type Additional Apartment

Taxes 21949

Cap Rate 3.5

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 6

Lot Size Area 6098

Number of Buildings 1

Building Area Total 3023

Lot Size Acres 0.14

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Rick Applebaum

Listing Agent

Morgan Skenderian

Broker

rma@morganskenderian.com

Affordability Calculator

$11,681

Per Month

Monthly Principal & Interest: $11,681
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Costa Mesa, CA

Average List Price ^$2,692,742

Percent of Sale Price 46%

About Costa Mesa, CA

114,059 Population

4% Since 2002

^$74,468 Median Income

36.81 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/28/2026	$1,850,000		Listed Price

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3029 Jeffrey Drive, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $1,850,000 with 3,023 sqft and a lot size of 0.14. 3029 Jeffrey Drive has 2.0 baths and was built in 1977. The property's zip code is 92626 which is in Costa Mesa, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3029 Jeffrey Drive

Multi-Family Home for sale in Costa Mesa, CA

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