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$2,150,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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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.

Full Property Details for 2976 Royal Palm

General

  • Price: $2,150,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26152871
  • Updated: 7/16/2026
  • Days on Market: 2 days
  • Added to Site: 2 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Inside, Stackable

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Garage
  • Parking: Garage

Location

  • Area: C1 - Mesa Verde
  • County: Orange
  • Development Name: C1 - Mesa Verde
  • Driving Directions: Baker and Harbor

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 4
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: 4
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,405
  • 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

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size Source: Public Records
  • Lot Description: Lot 6500-9999, Near Public Transit, Park Nearby

Financial Considerations

  • Price Per Sq. Ft.: $290.34
  • Price Per Unit: 537500

Listed by The L3, Colby Reedy and The L3, Matthew Kanoudi

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Listing agents

— 2976 Royal Palm —

  • Colby Reedy

    The L3

  • Matthew Kanoudi

    The L3

949-445-5562

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2976 Royal Palm

School District:Newport-Mesa Unified School District
NameGradesDistance
California Elementary School, Costa Mesa, CA
3232 CA Ave., Costa Mesa, CA 92626
K-60.7 mi
Charles W. Tewinkle Middle School
3224 CA Ave., Costa Mesa, CA 92626
7-80.6 mi
Estancia High School
2323 Placentia Avenue, Costa Mesa, CA 92627
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2976 Royal Palm Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/15/2026
Listed
$2,150,000
8.86%
MLS
11/06/2025
Sold
$1,975,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2976 Royal Palm

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,577
462%
$2,019,600
1680%
2024
$4,372
8%
$113,480
2%
2023
$4,049
10%
$111,255
2%
2022
$3,677
9%
$109,074
2%
2021
$3,365
3%
$106,936
1%
2020
$3,276
3%
$105,840
2%
2019
$3,189
2%
$103,765
2%
2018
$3,120
1%
$101,731
2%
2017
$3,088
1%
$99,737
2%
2016
$3,049
1%
$97,782
2%
2015
$3,020
2%
$96,314
2%
2014
$2,973
1%
$94,428
—
2013
$2,942
—
$94,002
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2976 Royal Palm

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by The L3, Colby Reedy and The L3, Matthew Kanoudi

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2976 Royal Palm, Costa Mesa, CA 92626 (MLS# OC26152871) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2976 Royal Palm is currently listed for $2,150,000 and was received on July 15, 2026. Want to learn more about 2976 Royal Palm? 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.

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