About This Home

This 8-bedroom, 4-bathroom multi-family at 2976 Royal Palm in Costa Mesa, CA is listed for $2,150,000. Built in 1960, on a 0.17 acres lot.

Key Features

  • Built in 1960
  • 0.17 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
4 full
4-car garage
1960
Listing Description

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.

Monthly Cost Estimate

$11,499/mo

20% down · 6.5% · 30 years

Principal$1,555
Interest$9,317
Insurance$627

Estimates only. Actual payments may vary.

Location

2976 Royal Palm

Costa Mesa, CA 92626

Mesa Verde Residential Income (MVRI)

Property Details

Parking

Garage

Heating

Wall Furnace

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 2976 Royal Palm is listed at $2,150,000. The estimated monthly payment is $11,499 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.17 acre lot, 2 stories, 8 parking spaces.

This property is listed by Colby Reedy.

CR

Colby Reedy

License 01943839

Agent at Weichman Associates Realtors

Listed by Weichman Associates Realtors · Broker phone: (714) 444-4663 · Broker website

MLS# OC26152871· Source: California Regional Multiple Listing Service, Inc· 105 days on PropertySimple

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.

2976 Royal Palm, Costa Mesa, CA 92626

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