1383 Baker
Costa Mesa — 3 units / 2,785 sf building
Listing Agent: Ryan Anderson, R L M Equities
Units
3
Building Size
3,023 sf
Lot Size
6,098 sf
Status
Active
Listing Agent: Rick Applebaum, Morgan Skenderian
Costa Mesa
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
Neighborhood
This property is located in Costa Mesa. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,800,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Rick Applebaum
Morgan Skenderian