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2976 Royal Palm DriveCosta Mesa, CA 92626

For Sale

$1,995,000

Smart Buyer Rebate $19,950

Don’t Miss This Prime Investment Opportunity in Coveted Mesa Verde! This 4-plex is located in a distinctive street with a mix of single family homes on one side and well kept multifamily units on the other. Nearby homes are listed around $1.7 million, adding to the appeal and long-term value
of this investment. The property features four spacious 2-bedroom, 1-bath apartments, each fully rented. Every unit includes in-unit washer/dryer hookups, a private 1-car garage, and additional parking directly behind the garage. All units are individually metered for electricity and gas, making it easier to manage and more cost-efficient for both tenants and owner. Three of the four units have direct street-level access, while the fourth unit features a second-floor entrance. Each unit enjoys its own separate entry, providing added independence and privacy for residents. Some of the most recent upgrades include 3 new sub-panels, new furnace in one of the units, concrete walkway and handrail from staircase, roof replaced in 2017, and SB721 compliant (2022). Property has been professionally managed. Perfectly situated minutes from top-rated schools, Mesa Verde Country Club, parks, premier shopping and dining, and Southern California’s best beaches. Easy commute with quick access to the 405, 55, and 73 freeways, as well as John Wayne Airport and Newport Beach. This property offers both stability and upside potential in one of Costa Mesa’s most desirable neighborhoods.

Listed by Pablo Velasquez

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License #00943251

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Advance Realty

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714-240-1330

Listed by Patricia Garcia-Velasquez

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License #01032273

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Advance Realty

Last updated October 16, 2025

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Source: CRMLS #PW25237040

Listing Facts

  • TypeMulti-family
  • NeighborhoodMesa Verde
  • Days on Prevu9

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/14/2025
Listed by Advance Realty
$1,995,000

Property Details for 2976 Royal Palm Drive

Association

Amenities

  • Community Features: Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Composition, Membrane
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1960
  • Architectural Style: Contemporary
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 4

Features

  • Road Frontage Type: County Road
  • View: Neighborhood

Measurements

  • Building Area Total: 3,550
  • Building Area Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,350
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,350
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $111,900.00
  • Operating Expense: $38,313.00

Taxes

  • Parcel Number: 13920309

Interior

Features

  • Flooring: Carpet

Other

Location

  • Subdivision Name: Mesa Verde Residential Income (MVRI)
  • Tax Lot: 29

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Door-Single, Garage, On Site
  • Parking Total: 8

Utilities

Equipment

  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Inside, Stacked
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.