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3029 Jeffrey Drive — photo 1
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Units

3

Building Size

3,023 sf

Lot Size

6,098 sf

Status

Active

Listing Agent: Rick Applebaum, Morgan Skenderian

Costa Mesa

3029 Jeffrey Drive

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.

Unit Mix

  • 1 unit · 3bd / 2ba
  • 2 units · 2bd / 1ba

Neighborhood

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

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Asking Price

$1,800,000

Est. Monthly Payment

$11,502/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Rick Applebaum

Morgan Skenderian