2976 Royal Palm Drive, Costa Mesa, CA 92626 presents a compelling investment opportunity in one of the area’s most desirable rental markets. This fully occupied 4-plex generates income from day one, with all four units currently rented and strong tenant demand supporting long-term stability.
The property features four spacious 2-bedroom, 1-bath units, each with desirable amenities that help attract and retain quality tenants. Located in the highly sought-after Mesa Verde area, it offers the kind of location advantage that typically supports consistent occupancy and future rent growth.
Priced at $2,150,000, this asset is well-positioned for investors seeking reliable cash flow, potential appreciation, and a strong long-term hold in a proven Costa Mesa neighborhood. With immediate rental income already in place, this is the type of property that can deliver both current returns and future upside.
The property features four spacious 2-bedroom, 1-bath units, each with desirable amenities that help attract and retain quality tenants. Located in the highly sought-after Mesa Verde area, it offers the kind of location advantage that typically supports consistent occupancy and future rent growth.
Priced at $2,150,000, this asset is well-positioned for investors seeking reliable cash flow, potential appreciation, and a strong long-term hold in a proven Costa Mesa neighborhood. With immediate rental income already in place, this is the type of property that can deliver both current returns and future upside.
Property Details
Price:
$2,150,000
MLS #:
OC26152871
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Mesa Verde Residential Income MVRI
Neighborhood:
c1mesaverde
Listed Date:
Jul 16, 2026
Total Sq Ft:
7,405
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Laundry Features
IN, STK
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, SL, PARK
Garage Spaces
4
Parking Spots
8
Parking Total
8
Spa Features
NO
Financial
Map
Community
- Address2976 Royal Palm Costa Mesa CA
- SubdivisionMesa Verde Residential Income (MVRI)
- CityCosta Mesa
- CountyOrange
- Zip Code92626
Subdivisions in Costa Mesa
- Award AWAR
- Bay Laurel ENBY
- College Park COLP
- Coral Point CORP
- Country Club I ICC1
- Country Club Manor ENCC
- Del Cerro DELC
- Eastside Central ECCM
- Eastside Heights EHCM
- Eastside South ESCM
- Freedom Homes FREE
- Greenbrook By Larwin GBLR
- Halecrest HALE
- Harbor Pointe Condos HPTC
- Mesa Del Mar MDMA
- Mesa Verde Collection MVCO
- Mesa Verde Residential Income MVRI
- Mesa Verde Villas Iowa St. MVVL
- Monticello Townhomes MONT
- Newport Riviera ENNR
- Oceanview Park OCPK
- Pacesetter One Story ICPI
- State Streets II MST2
- Village Creek VLCK
- Westside Costa Mesa Central WCMC
- Westside Costa Mesa South WSCM
- Wilson Park Condos WPKC
Market Summary
Current real estate data for Single Family in Costa Mesa as of Jul 17, 2026
211
Single Family Listed
57
Avg DOM
521
Avg $ / SqFt
$1,047,643
Avg List Price
Property Summary
- Located in the Mesa Verde Residential Income (MVRI) subdivision, 2976 Royal Palm Costa Mesa CA is a Single Family for sale in Costa Mesa, CA, 92626. It is listed for $2,150,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1960. The average price per square foot for Single Family listings in Costa Mesa is $521. The average listing price for Single Family in Costa Mesa is $1,047,643.
Similar Listings Nearby
2976 Royal Palm
Costa Mesa, CA


