$2,050,000
$48K PRICE DROP

2976 Royal Palm Dr Costa Mesa, CA 92626

Mesa Verde Neighborhood

Estimated payment $12,973/month

Total Views 11,733
8 Beds
4 Baths
3,550 Sq Ft
$577 Price per Sq Ft

Highlights

  • City Lights View
  • No HOA
  • Stacked Washer and Dryer
  • California Elementary School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

FANTASTIC LOCATION! Welcome to this amazing opportunity!! Easy access to shopping & restaurants: The Camp, South Coast Plaza, plus major freeways 405,55,73. Tenants can also enjoy effortless commuting with nearby bus routes and walking distance to more shopping. Outstanding property for investors in the heart of Mesa Verde! The roof was replaced in October 2017. Plus there are 3 newer electrical sub panels. Each unit has stackable washer/dryer hookups and a single attached garage (no direct access) plus there's an additional parking space behind each garage. Notably clean and ready to sell.

Listing Agent

Alma Del Valle

Lugo Brothers RE Brokerage Phone: 714-330-4088 License #00956492 Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 2822
  • Assessor Parcel Number 13920309

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mesa Verde Residential Income Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,000
  • Professional Management Expense $6,986
  • Water Sewer Expense $1,723

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 512500
  • Professional Management Expense: 6986.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Mesa Verde Residential Income (MVRI)
  • View: Yes
  • Water Sewer Expenses: 1723.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2000.00
  • Parcel Number: 13920309
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 577.46

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 103620.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 3
  • Number With Disposal: 4
  • Number With Range: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 638.02
  • Tax Lot: 29
  • Tax Tract Number: 2822

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $2,050,000 -2.3% $577 / Sq Ft
03/28/2025 03/28/25 For Sale $2,098,000 +6.0% $591 / Sq Ft
05/20/2024 05/20/24 Sold $1,980,000 -0.8% $269 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $1,995,000 -2.9% $271 / Sq Ft
04/07/2024 04/07/24 For Sale $2,055,000 -- $280 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25065712

California Regional Multiple Listing Service (CRMLS)

APN: 139-203-09

California Orange County Costa Mesa 92626 Mesa Verde

2976 Royal Palm Dr, Costa Mesa, CA

This home is located at 2976 Royal Palm Dr, Costa Mesa, CA 92626 and is currently priced at $2,050,000, approximately $577 per square foot. This property was built in 1960. 2976 Royal Palm Dr is a home located in Orange County with nearby schools including California Elementary School, Charles W. Tewinkle Middle School, and Estancia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Alma Del Valle
Section Image
Lugo Brothers RE
(949) 775-2181