2976 Royal Palm Drive

Costa Mesa, CA 92626

$1,995,000
Price
8
Beds
4
Baths
7,350 Sq. Ft.
$271 / Sq. Ft.
7,350
Sq. Ft.
$271
per Sq. Ft.

Description

Our firm is pleased to present this Mesa Verde 4 - Plex, first time on the market in over 40 years. This property has been cared for and is clean and ready to sell. It has many newer items such as: a roof which replaced in October 2017, SB 721 compliant in February 2022, and three new electrical sub panels April 2024. This building has been very stable and has stackable washer /dryer hookups, single car garages with parking behind. Nice clean area with close access to both the 405 Freeway and 55...Our firm is pleased to present this Mesa Verde 4 - Plex, first time on the market in over 40 years. This property has been cared for and is clean and ready to sell. It has many newer items such as: a roof which replaced in October 2017, SB 721 compliant in February 2022, and three new electrical sub panels April 2024. This building has been very stable and has stackable washer /dryer hookups, single car garages with parking behind. Nice clean area with close access to both the 405 Freeway and 55 freeway, shopping and bus access.
  1. Listed by Laura Henshall • DRE #01091181 • Brokerage DRE #00853506 • CFG Investments • 714-299-4096

Property Details for 2976 Royal Palm Drive

Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7350
Assessor Parcel Number
139-203-09

Location

Listing Courtesy of CFG Investments, Laura Henshall, DRE #01091181
Add your commute
LISTING UPDATED: 04/24/2024 03:44 PM

Property Details for 2976 Royal Palm Drive

StatusActive
MLS #OC24068670
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Location

Listing Courtesy of CFG Investments, Laura Henshall, DRE #01091181
Add your commute

Building Information for 2976 Royal Palm Drive

Stories2Residences-Year Built1960Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$11,225 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$337

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2976 Royal Palm Drive

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $97,800
  • Gross Scheduled Income: $97,800
  • Net Operating Income: $99,999,999
  • Number Of Rented Garages: 0
  • Laundry Income: $0
Expense Details
  • Operating Expense: $9,999,999
  • Gardener Expense: $2,000
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Pest Control Expense: $180
  • Pool Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,105
  • Professional Management Expense: $6,986
  • Trash Expense: $0
  • Water Sewer Expense: $1,723
  • Supplies Expense: $0
  • Total Expenses: $99,999,999
Tax / Assessment Info
  • Tax Tract Number: 2822
  • Tax Census Tract: 638.02
  • CFD/Mello-Roos Fee: $2,883
  • Tax Lot: 29
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Stackable
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Composition
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Mesa Verde Residential Income
  • Builders Tract Code: Mesa Verde Residential Income (MVRI)
Unit Information
Unit 1
  • 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: No
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 2450
  • 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: No
  • Unit Type Actual Rent: $2,005
  • Unit Type Total Rent: $2,005
  • Unit Type Pro Forma: 2450
  • 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: No
  • Unit Type Actual Rent: $2,275
  • Unit Type Total Rent: $2,275
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 3
Unit 4
  • 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: No
  • Unit Type Actual Rent: $1,845
  • Unit Type Total Rent: $1,845
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 4
  • Number With Refrigerator: 0
  • Number With Carpet: 3
  • Number With Disposal: 4
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 2976 Royal Palm 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 2976 Royal Palm Drive

Taxable ValueLand$36,743Additions$74,512Total$111,255
Tax Record2023$4,049 ($337 / month)
Home Facts
Total Finished SqFt3,550 SqFtAbove Grade Finished SqFt3,550 SqFtStories2Lot Size7,350 SqFtStyleQuadraplexYear Built1960CountyORANGEAPN139-203-09

Schools near 2976 Royal Palm Drive

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
California Elementary School
PublicK to 6

Charles W. Tewinkle Middle School
Public7 to 8

Estancia High School
Public9 to 12

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.

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2976 Royal Palm Drive is a multi-family home for sale in Costa Mesa, CA 92626. This property was listed for sale on April 6, 2024 by CFG Investments, it's currently listed at $1,995,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include California Elementary School, Charles W. Tewinkle Middle School and Estancia High School. 2976 Royal Palm Drive is a 8-bed, 4-bath, 7,350 sqft multi-family home built in 1960.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CFG Investments, Laura Henshall, DRE #01091181

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.