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Fully Occupied Quadplex
For Sale
$2,150,000

2976 Royal Palm, Costa Mesa, CA 92626

Costa Mesa, CA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market48

Property Features for 2976 Royal Palm

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Laundry Room, Bedroom 3
Parking 8
Parking features Garage
Subdivision Mesa Verde Residential Income (MVRI)
Lot features Lot 6500-9999, Near Public Transit, Park Nearby
Directions Baker and Harbor
Standard status Active
APN 13920309
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1960
Floors in Building 2
Number of units 4
Listing Agency: The L3
Listed By: Colby Reedy · License #01943839
Added: Jul 15 Changed: Aug 25 Last Checked: Aug 31 at 2:06AM
MLS# OC26152871

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Costa Mesa quadplex contains four 2-bedroom, 1-bath residences, with every unit currently rented. The configuration provides eight bedrooms and four bathrooms across the property, along with garage parking. Built in 1960, the property uses wall furnaces for heating and sits on a 0.17-acre lot.

The asset is located in Costa Mesa’s Mesa Verde area, with public water and public sewer service. Its established four-unit layout and current occupancy are the primary operating characteristics for an investor evaluating the property as a residential income asset.

Key Highlights

  • Four 2‑bedroom, 1‑bath units with all four currently rented
  • 8 total bedrooms and 4 bathrooms across the quadplex
  • 0.17‑acre lot in Costa Mesa’s Mesa Verde area

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Locksmith Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Demographics for 92626, CA

50,885
Population
20,643
Households
2.5
Avg Household Size
37
Median Age
46%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
5,246
Density / Sq Mi
$117,627
Median Household Income
$55,920
Median Earnings
$2,520
Median Rent
$1,037,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The property includes four rented residences and garage parking.
Where is this quadplex located?
The property is located at 2976 Royal Palm Costa Mesa, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units with all four currently rented; 8 total bedrooms and 4 bathrooms across the quadplex; 0.17‑acre lot in Costa Mesa’s Mesa Verde area
More about this property
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