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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.
Property Type(s):
Residential Income
| Last Updated | 7/15/2026 | Tract | Mesa Verde Residential Income (MVRI) |
|---|---|---|---|
| Year Built | 1960 | Community | C1 - Mesa Verde |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Washer/Dryer Stacked |
| AREA | C1 - Mesa Verde |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 7405 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Mesa Verde Residential Income (MVRI) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with The L3
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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