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Listed by Kameron Brown • Pacific Sotheby's Int'l Realty
$ 1,799,000
Est. payment | /mo
3,023 SqFt
$ 1,799,000
Est. payment | /mo
3,023 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 3,023 sqft
Price per Sqft $595
MLS Listing ID OC-24194990
Style Mid Century Modern
Year Built 1977
Lot Size 6,098 Sqft
Property 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 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.
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling None
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Gutters, Sidewalks, Urban
Building
Lot Description Level with Street, 2-5 Units/Acre, Back Yard
Sewer Public Sewer
Others
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Darren Humphrey
Partner | Lic# DRE 01724424