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Sherry Ramos

sherry.ramos@engelvoelkers.com +1(818) 429-2793

$ 1,799,000

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3049 Jeffrey DR Costa Mesa, CA 92626

3,023 SqFt

UPDATED:

10/24/2024 07:13 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,023 sqft

Price per Sqft $595

Subdivision ,Other

MLS Listing ID OC24194990

HOA Y/N No

Year Built 1977

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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.

Location

State CA

County Orange

Area C3 - South Coast Metro

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Heating Forced Air

Cooling None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gutter(s), Sidewalks, Urban

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 41812201

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Kameron Brown • Pacific Sotheby's Int'l Realty

Sherry Ramos

Advisor | License ID: 01271018

+1(818) 429-2793

Sherry Ramos

3049 Jeffrey DR Costa Mesa, CA 92626

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3049 Jeffrey DR