3049 Jeffrey Road is an exceptional investment opportunity located in a high-demand area of Costa Mesa near the iconic shopping center of South Coast Plaza and conveniently located within close proximity to major freeways. This property offers great unit configurations having a ground floor 3 bedroom 2 bathroom unit and (2) two bedroom 1 bathroom units upstairs. Conveniently, one of the 2 bedroom units is located above the garages and does not share a wall with either of the other units providing additional privacy benefits for tenants . The 3 bedroom 2 bathroom ground-level unit has an expansive and private yard perfect for a family and the 2 bedroom units have their own balconies and private entry area providing ample space for tenants to personalize. One of the 2 bedroom units has been fully remodeled and the other two units only need basic cosmetic updates if anything. Overall, the property has been very well maintained and cared for over the years. Two of the units are on a Month-to-month lease and the third unit has a lease expiring January of 2025. Each unit comes with their own private laundry space and their own private garage however this Triplex offers a total of four garages providing additional income potential. Water heater and furnaces are also relatively new. This property has major upside potential for long term owners and has plenty of potential equity for a fix-and-flip contractor.
Sold for $1,650,000 on 03/11/25
Listing Provided by:
Kameron Brown DRE #02021705 949-494-3600,
Pacific Sotheby's Int'l Realty
Bought with: Coldwell Banker Realty
$1,650,000
3049 Jeffrey Dr, Costa Mesa, CA 92626
7beds
4baths
3,023sqft
Triplex
Built in 1977
-- sqft lot
$-- Zestimate®
$546/sqft
$5,609 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 11, 2025 at 03:36pm
Listing Provided by:
Kameron Brown DRE #02021705 949-494-3600,
Pacific Sotheby's Int'l Realty
Bought with:
Tim Smith, DRE #01346878
Coldwell Banker Realty
Source: CRMLS,MLS#: OC24194990
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,023
- Total interior livable area: 3,023 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,098 sqft
- Features: 2-5 Units/Acre, Back Yard, Street Level
Details
- Parcel number: 41812201
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid-Century Modern
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Gutter(s), Sidewalks, Urban
Location
- Region: Costa Mesa
- Subdivision: Other
HOA & financial
Other financial information
- Total actual rent: 6819
Other
Other facts
- Listing terms: Conventional