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Costa Mesa

2976 Royal Palm

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.

Neighborhood

This property is located in Costa Mesa. Want to learn more about the area?

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Listing courtesy of The L3

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$2,150,000

Est. Monthly Payment

$13,738/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Colby Reedy

The L3