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$1,975,000
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Property Description
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.
Full Property Details
Full Property Details for 2976 Royal Palm Dr
General
- Sold For: $1,975,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25237040
- Added to Site: 99 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Fireplace(s): None
- Flooring: Carpet
Rooms
Other Rooms
- Laundry: Inside, Stackable
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage, Garage (Single Door), On-Site
- Parking: Garage, Garage (Single Door), On-Site
Location
- Area: C1 - Mesa Verde
- County: Orange
- Development Name: C1 - Mesa Verde
- Driving Directions: Ca-55 South to I-415 North, Exit at Fairview, go left, right on Baker St., Right on Royal Palm Dr.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Contemporary
- Roof: Composition, Membrane
- Entry Location: 4
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,550
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1687
- Lot Size Source: Assessor
- Lot Description: Front Yard, Lot 6500-9999
Green Features
- Walk Score: 83
Financial Considerations
- Price Per Sq. Ft.: $556.34
- Price Per Unit: 498750
Listed by Advance Realty, Pablo Velasquez and Advance Realty, Patricia Garcia-Velasquez
Sold by The L3, Matthew Kanoudi
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Schools
Schools serving 2976 Royal Palm Dr
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
California Elementary School, Costa Mesa, CA 3232 CA Ave., Costa Mesa, CA 92626 | K-6 | 0.7 mi |
Charles W. Tewinkle Middle School 3224 CA Ave., Costa Mesa, CA 92626 | 7-8 | 0.6 mi |
Estancia High School 2323 Placentia Avenue, Costa Mesa, CA 92627 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2976 Royal Palm Dr
Date
Details
Price
Change
Source
11/07/2025
Sold
$1,975,000
-1%
MLS
10/14/2025
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2976 Royal Palm Drive, Costa Mesa, CA 92626 (MLS# PW25237040) is a Multi-Family property that was sold at $1,975,000 on November 07, 2025. Want to learn more about 2976 Royal Palm Drive? Do you have questions about finding other Multi-Family real estate for sale in Costa Mesa? You can browse all Costa Mesa real estate or contact a Coldwell Banker agent to request more information.

