3-Unit Multifamily
For Sale
$1,899,000
3025 Jeffrey Dr, Costa Mesa, CA 92626
Multifamily property with varied bedroom configurations, private outdoor areas, and on-site parking.
Property Size2,885 SF
Price / SF$658.23
Days on Market55
Property Features for 3025 Jeffrey Dr
General Information
Standard status
Active
Size
2,885 SF
Property subtype
Multi-Family
Building Details
Year Built
1977
Listed By:
Anvil Real Estate
(949) 449-2770
Source:
Anvilreinc
Added: Aug 21
Changed: Sep 13
Last Checked: Oct 12 at 7:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anvil Real Estate
Investment Insights
Based on property information with market context.
Located at 3025 Jeffrey Dr in Costa Mesa, this 2,885-square-foot triplex contains three residential units with one-, two-, and three-bedroom layouts. The property was built in 1977 and has received recent capital improvements.
Each residence includes a private balcony or other outdoor area, along with individual washer and dryer hookups. Private garages and additional open parking serve the property. Current rents are below market, creating an opportunity for rental growth as existing leases turn over.
Each residence includes a private balcony or other outdoor area, along with individual washer and dryer hookups. Private garages and additional open parking serve the property. Current rents are below market, creating an opportunity for rental growth as existing leases turn over.
Key Highlights
- Three‑unit property with one-, two-, and three‑bedroom residences
- 2,885 square feet; built in 1977
- Private balcony or outdoor space for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,959
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,319,180
$1.3M
Cap Rate 7%
$942,271
$942.3K
Cap Rate 9%
$732,878
$732.9K
Market Conditions
NOI Build-Up for 2,885 SF
Gross rent
$98.7K $34.20/SF
− Vacancy
−$4.4K −$1.54/SF
EGI
$94.2K $32.66/SF
− OpEx
−$28.3K −$9.80/SF
NOI
$66.0K $22.86/SF
Area
Costa Mesa, CA
Vacancy
4.50%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,319,180
Cap Rate 7%
$942,271
Cap Rate 9%
$732,878
Alternative Uses
Best Use
Multifamily LT 5
$942.3K
$824.5K – $1.10M
NOI $65,959 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$874.8K
$765.5K – $1.02M
NOI $61,236 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$977.1K
$855.0K – $1.14M
NOI $68,398 @ 7.0% cap · market cap 3.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,609
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with varied bedroom configurations, private outdoor areas, and on-site parking.
Where is this triplex located?
The property is located at 3025 Jeffrey Dr Costa Mesa, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Three‑unit property with one-, two-, and three‑bedroom residences; 2,885 square feet; built in 1977; Private balcony or outdoor space for every unit
