3102 Ginger Avenue, Costa Mesa, CA 92626
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
3102 Ginger Avenue,Costa Mesa, CA 92626
$2,275,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: frank shamoo, jennifer aguilarshamoo
Office: innovate realty, inc.949-617-2875
MLS#:OC26167308
Source:CRMLS
Price summary
- Price:$2,275,000
About this home
3102 Ginger Street | Rare Mesa Verde Fourplex | Significant Rental & NOI Upside** Rarely available Mesa Verde fourplex with significant upside potential!** Ideally located in one of Costa Mesa’s most desirable neighborhoods, 3102 Ginger Street offers an exceptional combination of **below-market rents, an attractive unit mix, substantial parking, strong tenant appeal, and long-term value-add potential.**The property features **one spacious 3-bedroom residence and three 2-bedroom residences**, with larger-than-typical floor plans designed for comfortable residential living. **Seven on-site parking spaces** include a 2-car garage for the 3-bedroom unit and a 1-car garage for each 2-bedroom unit—an exceptional amenity in Costa Mesa. Three units are single-level, with two located upstairs, creating a desirable residential setting uncommon among four-unit properties.
**The investment opportunity is compelling:** current rents are below market, providing a clear path for future rent increases, **NOI growth, and improved cash flow** as units naturally turn over. An investor can further enhance value through strategic rent adjustments and targeted property improvements while benefiting from the property’s highly desirable location and long-term appreciation potential. The generous lot features a spacious front lawn and landscaped grounds, reinforcing the property’s residential character. Located approximately **five miles from the coast**, with convenient access to South Coast Plaza, Orange Coast College, OC Fairgrounds, Triangle Square, major employment centers, shopping, dining, and entertainment.**A true value-add opportunity in one of Orange County’s premier rental markets—3102 Ginger Street offers the rare combination of four spacious residences, exceptional parking, below-market rents, and multiple avenues for future income and value growth....
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Home facts
- Year built:1969
- Subdivision & Development:Other
- Listing ID #:OC26167308
- Added:2 day(s) ago
- Updated:August 15, 2026 at 02:33 AM
Rooms and interior
- Kitchen Description:Dishwasher
Heating and cooling
- Cooling:Central Air
- Heating:Central, Fireplaces
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1969
- Lot area:0.19 Acres
- Lot Features:Front Yard, Landscaped
- Architectural Style:Traditional
- Construction Materials:Stucco
- Exterior Features:RainGutters
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,275,000
Features and amenities
- Appliances:Dishwasher
- Amenities:Carbon Monoxide (CO2) Detector, Rain Gutters
Parking
- Total parking spaces:5
- Parking description:Garage
- Garage:Yes
- Garage spaces:5
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