3049 Jeffrey Drive

Costa Mesa, CA 92626

$1,799,000
Price
7
Beds
4
Baths
3,023 Sq. Ft.
$595 / Sq. Ft.
3,023
Sq. Ft.
$595
per Sq. Ft.

Description

3049 Jeffrey Road is an exceptional investment opportunity located in a high-demand area of Costa Mesa near the iconic shopping center of South Coast Plaza and conveniently located within close proximity to major freeways. This property offers great unit configurations having a ground floor 3 bedroom 2 bathroom unit and (2) two bedroom 1 bathroom units upstairs. Conveniently, one of the 2 bedroom units is located above the garages and does not share a wall with either of the other units providing...3049 Jeffrey Road is an exceptional investment opportunity located in a high-demand area of Costa Mesa near the iconic shopping center of South Coast Plaza and conveniently located within close proximity to major freeways. This property offers great unit configurations having a ground floor 3 bedroom 2 bathroom unit and (2) two bedroom 1 bathroom units upstairs. Conveniently, one of the 2 bedroom units is located above the garages and does not share a wall with either of the other units providing additional privacy benefits for tenants . The 3 bedroom 2 bathroom ground-level unit has an expansive and private yard perfect for a family and the 2 bedroom units have their own balconies and private entry area providing ample space for tenants to personalize. One of the 2 bedroom units has been fully remodeled and the other two units only need basic cosmetic updates if anything. Overall, the property has been very well maintained and cared for over the years. Two of the units are on a Month-to-month lease and the third unit has a lease expiring January of 2025. Each unit comes with their own private laundry space and their own private garage however this Triplex offers a total of four garages providing additional income potential. Water heater and furnaces are also relatively new. This property has major upside potential for long term owners and has plenty of potential equity for a fix-and-flip contractor.
  1. Listed by Kameron Brown • DRE #02021705 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty

Property Details for 3049 Jeffrey Drive

Architectural Style
Mid Century Modern
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3023
LISTING UPDATED: 12/11/2024 04:41 AM

Property Details for 3049 Jeffrey Drive

StatusActive
MLS #OC24194990
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.14 AC / 6,098 SF
CountyOrange County

Virtual Tour

Building Information for 3049 Jeffrey Drive

Stories2Residences-Year Built1977Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 3049 Jeffrey Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $81,828
  • Net Operating Income: $75,928
Expense Details
  • Operating Expense: $5,900
  • Fuel Expense: $0
  • Electric Expense: $600
  • Insurance Expense: $2,500
  • Trash Expense: $300
  • Water Sewer Expense: $2,500
  • Total Expenses: $5,900
Tax / Assessment Info
  • Tax Tract Number: 9474
  • Tax Census Tract: 639.08
  • CFD/Mello-Roos Fee: $2,117
  • Tax Lot: 23
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Gutters, Sidewalks, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Virtual Tour URL Unbranded: https://vimeo.com/1009380993
Exterior Features
  • Roof: Composition
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,341
  • Unit Type Total Rent: $2,341
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,475
  • Unit Type Total Rent: $2,475
  • Unit Type Pro Forma: 3250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,003
  • Unit Type Total Rent: $2,003
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 3049 Jeffrey Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3049 Jeffrey Drive

Taxable ValueLand$1,330,631Additions$194,269Total$1,524,900
Tax Record2024$18,369 ($1,531 / month)
Home Facts
Total Finished SqFt3,023 SqFtAbove Grade Finished SqFt3,023 SqFtStories2Lot Size5,629 SqFtStyleTriplexYear Built1977CountyORANGEAPN418-122-01

Schools near 3049 Jeffrey Drive

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 6
Public - 9 to 12
Rating
School
Distance
Paularino Elementary School
PublicK to 6

Costa Mesa High School
Public7 to 12

Maude B. Davis Elementary School
PublicK to 6

Early College High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3049 Jeffrey Drive is a multi-family home for sale in Costa Mesa, CA 92626. This property was listed for sale on September 19, 2024 by Pacific Sotheby's Int'l Realty, it's currently listed at $1,799,000. It has been on the market for a total of 65 days and was last sold on January 20, 2023. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Paularino Elementary School, Costa Mesa High School and Maude B. Davis Elementary School. 3049 Jeffrey Drive is a 7-bed, 4-bath, 3,023 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Sotheby's Int'l Realty, Kameron Brown, DRE #02021705

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.