$2,260,000
$2,199,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
9,043 Sqft Lot
SOLD DATE : 06/01/2026
Key Details
Sold Price $2,260,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mesa Del Mar (Mdma)
MLS Listing ID NP26087141
Sold Date 06/01/26
Construction Status Fixer
HOA Y/N No
Year Built 1964
Lot Size 9,043 Sqft
Property Sub-Type Quadruplex
Property Description
Investor's Dream in the Heart of Costa Mesa | Rare Oversized Lot + ADU Potential. Opportunity knocks at 2937 Mendoza Drive, a remodel-ready fourplex positioned on a massive 9,048 SF lot in one of Orange County's most desirable rental markets. Whether you're looking hold, explore expansion, or upgrade, this rare property offers incredible upside.
Each of the four townhome-style units features 2 bedrooms, 1.5 baths, private patios, central heat, ceiling fans, and ample storage throughout—including under-stair closets, kitchen pantries, and spacious baths. Two units have newer flooring, and the front-facing double-pane windows were upgraded in 2017.
This is where it gets exciting: the large lot can potentially accommodate two accessory dwelling units (ADUs) and potential garage conversions - see architectural drawings and consult with the city.
Additional highlights include 4 garage spaces + 3.5 surface spaces, communal laundry with separate metering (with additional income potential) and storage room (still more income potential), re-piped plumbing (2008), newer roof (2012), and updated water heater (2015–16). Separate gas and electric meters for each unit.
Located in the award-winning Newport Mesa Unified School District in a revitalizing neighborhood, this prime location is near South Coast Plaza, OC Fairgrounds, OCC, and has convenient access to the 405, 55 and 73 freeways. Whether you're an experienced investor, looking for upside investment, renovation potential, acquire a 1031 upleg or to grow with ADUs, 2937 Mendoza has it all.
Looking for comps or inspiration for these rental units? Check out ADU drawings within these photos and our virtually remodeled example unit.
Location
State CA
County Orange
Area C4 - Central Costa Mesa
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Open Floorplan, Quartz Counters, Storage, All Bedrooms Up
Heating Central, See Remarks
Cooling None
Flooring Carpet, See Remarks, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Gas Range, Range Hood, Water Heater
Laundry Common Area, Laundry Room, See Remarks
Exterior
Garage Spaces 4.0
Garage Description 4.0
Fence Wood
Pool None
Community Features Curbs, Dog Park, Gutter(s), Park, Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, See Remarks, Water Available, Water Connected
View Y/N Yes
View City Lights, Courtyard, Park/Greenbelt, Neighborhood
Roof Type See Remarks
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Lawn, Landscaped, Level, Rectangular Lot, Street Level
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public, See Remarks
Architectural Style See Remarks, Traditional
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 14122134
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Edwin Seryadegar The Luxury Collection Brokerage Firm
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