2976 Royal Palm Costa Mesa, CA ^$ 2,150,000

2976 Royal Palm

^$ 2,150,000

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Recently Listed

2976 Royal Palm

Costa Mesa, CA, 92626

^$ 2,150,000

Studio Baths1.0 Sq 7,405

Monthly Estimate*

^$ 13,575

Listed by The L3

2976 Royal Palm, Costa Mesa, CA 92626 - Image 1

2976 Royal Palm, Costa Mesa, CA 92626 - Image 2

2976 Royal Palm, Costa Mesa, CA 92626 - Image 3

2976 Royal Palm, Costa Mesa, CA 92626 - Image 4

2976 Royal Palm, Costa Mesa, CA 92626 - Image 5

2976 Royal Palm, Costa Mesa, CA 92626 - Image 6

2976 Royal Palm, Costa Mesa, CA 92626 - Image 7

2976 Royal Palm, Costa Mesa, CA 92626 - Image 8

Studio

Multi-Family Home for sale in Costa Mesa, CA

for $2,150,000 with 1 full bath. This 7,405 square foot home was built in 1960 on a lot size of 0.17.

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.

Multi-Family Active

Price

^$ 2,150,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1960

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC26152871

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling None

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Garage Spaces 4

Pool Features None

Year Built 1960

Electric Standard

Tenant Pays All Utilities Electricity Gas

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 111900

Community Features Street Lights Sidewalks Park

County Orange

Net Operating Income 73587

Operating Expense 38313

Insurance Expense 0

New Construction false

Property Type Residential Income

Subdivision Name Mesa Verde Residential Income (MVRI)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Baker and Harbor

City Costa Mesa

Entry Location 4

Senior Community Y/N false

Open Parking Spaces 4

Number Of Units Total 4

MLS Area C1 - Mesa Verde

Lot Size Units Square Feet

Lot Size Square Feet 7405

Number of Units Leased 4

Listing Terms Cash Conventional 1031 Exchange

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

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 29

Total Actual Rent 9303

Property Sub Type Additional Quadruplex

Interior

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features Inside Stacked

Entry Level 1

Exterior

Parking Features Garage

Lot Features Near Park Near Public Transit

Water Source Public

Total Parking 8

Lot Size Area 7405

Number of Buildings 1

Spa false

Building Area Total 7405

Lot Size Acres 0.17

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

The L3

Broker

colbyreedy@gmail.com

Affordability Calculator

$13,575

Per Month

Monthly Principal & Interest: $13,575
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Costa Mesa, CA

Average List Price ^$3,097,933

Percent of Sale Price 44%

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
7/16/2026	$2,150,000		Listed Price

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2976 Royal Palm, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $2,150,000 with 7,405 sqft and a lot size of 0.17. 2976 Royal Palm is a studio with 1.0 baths and was built in 1960. 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 7/17/2026. 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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2976 Royal Palm

Multi-Family Home for sale in Costa Mesa, CA

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