3102 Ginger Ave Costa Mesa, CA 92626
Mesa Verde NeighborhoodEstimated payment $13,290/month
Highlights
- Traditional Architecture
- No HOA
- Laundry Room
- California Elementary School Rated A
- Neighborhood Views
- 3-minute walk to Smallwood Park
About This Home
3102 Ginger Street | Rare Mesa Verde Fourplex | Significant Rental & NOI Upside** Rarely available Mesa Verde fourplex with significant upside potential!** Ideally located in one of Costa Mesa’s most desirable neighborhoods, 3102 Ginger Street offers an exceptional combination of **below-market rents, an attractive unit mix, substantial parking, strong tenant appeal, and long-term value-add potential.**The property features **one spacious 3-bedroom residence and three 2-bedroom residences**, with larger-than-typical floor plans designed for comfortable residential living. **Seven on-site parking spaces** include a 2-car garage for the 3-bedroom unit and a 1-car garage for each 2-bedroom unit—an exceptional amenity in Costa Mesa. Three units are single-level, with two located upstairs, creating a desirable residential setting uncommon among four-unit properties.
**The investment opportunity is compelling:** current rents are below market, providing a clear path for future rent increases, **NOI growth, and improved cash flow** as units naturally turn over. An investor can further enhance value through strategic rent adjustments and targeted property improvements while benefiting from the property’s highly desirable location and long-term appreciation potential. The generous lot features a spacious front lawn and landscaped grounds, reinforcing the property’s residential character. Located approximately **five miles from the coast**, with convenient access to South Coast Plaza, Orange Coast College, OC Fairgrounds, Triangle Square, major employment centers, shopping, dining, and entertainment.**A true value-add opportunity in one of Orange County’s premier rental markets—3102 Ginger Street offers the rare combination of four spacious residences, exceptional parking, below-market rents, and multiple avenues for future income and value growth.
Listing Agent
Innovate Realty, Inc. Brokerage Phone: 949-295-6491 License #01899250 Listed on: 08/12/2026
Co-Listing Agent
Innovate Realty, Inc. Brokerage Phone: 949-295-6491 License #01368274
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 8,276 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Brick Fence
- Landscaped
- Front Yard Sprinklers
Parking
- 5 Car Garage
- Parking Available
Home Design
- Traditional Architecture
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- Neighborhood Views
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 6260
- Assessor Parcel Number 13956402
- $1,778 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $231
- Fuel Expense $1,194
- Gardener Expense $1,508
- Maintenance Expense $2,412
- Pest Control $756
- Trash Expense $11,921
- Water Sewer Expense $2,669
- Operating Expense $20,691
- Gross Income $809
- Net Operating Income $106,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,860 | $689,416 | $444,739 | $244,677 |
| 2025 | $8,664 | $675,899 | $436,019 | $239,880 |
| 2024 | $8,664 | $662,647 | $427,470 | $235,177 |
| 2023 | $8,404 | $649,654 | $419,088 | $230,566 |
| 2022 | $8,087 | $636,916 | $410,870 | $226,046 |
| 2021 | $7,780 | $624,428 | $402,814 | $221,614 |
| 2020 | $7,706 | $618,026 | $398,684 | $219,342 |
| 2019 | $7,569 | $605,908 | $390,866 | $215,042 |
| 2018 | $7,429 | $594,028 | $383,202 | $210,826 |
| 2017 | $7,306 | $582,381 | $375,688 | $206,693 |
| 2016 | $7,152 | $570,962 | $368,321 | $202,641 |
| 2015 | $7,076 | $562,386 | $362,788 | $199,598 |
| 2014 | $6,913 | $551,370 | $355,681 | $195,689 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2026 08/17/26 | Pending | -- | -- | -- |
| 08/12/2026 08/12/26 | For Sale | $2,275,000 | 0.0% | -- |
| 09/28/2020 09/28/20 | Rented | $2,750 | +0.2% | -- |
| 09/20/2020 09/20/20 | Under Contract | -- | -- | -- |
| 09/10/2020 09/10/20 | For Rent | $2,745 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $415,000 | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $274,000 | Unknown | |
| Previous Owner | $280,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26167308
APN: 139-564-02
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Ask me questions while you tour the home.