3049 Jeffrey Drive

Costa Mesa, CA 92626

$1,799,000

List Price

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1977

calendar_month Built

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.

Listing Information

List Price $1,799,000
Status Active
MLS OC24194990
Type Residential Income
Subtype Triplex
Year Built 1977
Lot Size 6,098
Structure Size N/A
DOM 56
Courtesy Of Pacific Sotheby's Int'l Realty
Listing Agent Kameron Brown DRE#02021705

Interior Features

Laundry Information
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Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Kameron Brown, Pacific Sotheby's Int'l Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 14th, 2024 at 10:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.