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.
Multi-familyProperty Type
1969Year Built
8,276 sq ftLot Size
5 car garageParking
Listed by Frank Shamoo•DRE #01899250• Innovate Realty, Inc.
Listed by Jennifer AguilarShamoo•DRE #01368274• Innovate Realty, Inc.
Contact: 949-295-6491
Bought with Kellyann Phillips•DRE #01817020• Compass Property Mgmt Corp
Like the R2-MD and R2-HD districts, this district is intended to promote the development of multi-family rental as well as ownership dwelling units. The required minimum lot size is 12,000 sq ft. The maximum density allowed is 2,178 sq ft per dwelling unit, which equals 20 du per gross acre.
Lot Features: Sprinklers In Front, Landscaped, Front Yard
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 13956402
Attached Property
Total # of Stories: 2
Has View
Year Built Source: Other
Property ADU: No
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $20,695
Rent Control
Tenant Pays: Gas, Electricity
Total Actual Rent: $10,820
Utilities
Utilities Information
Electric: Electricity - On Property
Sewer: Public Sewer
Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 490164333
Listing Key Numeric: 490164243
Actual Rent: $3,400
Total # of Baths: 2
# of Baths Three Quarter: 2
Total # of Beds: 3
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $3,400
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 490164334
Listing Key Numeric: 490164243
Actual Rent: $2,550
Total # of Baths: 2
# of Baths Three Quarter: 2
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,550
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 490164243
Unit Key Numeric: 490164335
Actual Rent: $2,485
Total # of Baths: 2
# of Baths Three Quarter: 2
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,485
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 490164243
Unit Key Numeric: 490164336
Actual Rent: $2,485
Total # of Baths: 2
# of Baths Three Quarter: 2
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,485
Total # of Units: 1
Expenses
Fuel Expense: $1,194
Trash: $11,921
Total: $20,691.48
Pest Control: $756
Maintenance: $2,412
Water Sewer: $2,669
Electric: $231.48
Gardener: $1,508
Multi-Unit Information
# of Units With Disposal: 4
Net Operating Income: $106,600
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Gross Scheduled Income: $131,850
Gross Operating Income: $131,850
Gross Multiplier: 17.52
Gross Income: $809
Laundry Equipment Own or Lease: Own
Laundry Income: $809
# Of Leased Units: 4
# Of Separate Water Meters: 4
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Neighborhood Information
Community Features: Street Lighting, Sidewalks
Location Information
Latitude: 33.68281700
Longitude: -117.92208800
Other Subdivision Name: Other
Directions: From Harbor BLVD, turn onto Date Place, to Ginger
Subdivision Name: Other (OTHR)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,276 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Orange County
APN: 13956402
Home facts updated by county records on Jul 22, 2026
Other
Miscellaneous Information
Exclusions: All tenants personnel property.
Listing Information
IDX Contact Info: 949-295-6491
Days Active in MLS: 5
Continuous Days Active in MLS: 5
Listing Agent Information
List Agent First Name: Frank
List Agent Last Name: Shamoo
Co-List Agent First Name: Jennifer
Co-List Agent Last Name: AguilarShamoo
Listing Office Information
List Office Name: Innovate Realty, Inc.
Co-List Office Name: Innovate Realty, Inc.
Selling Agent Information
Buyer Agent First Name: Kellyann
Buyer Agent Last Name: Phillips
Selling Office Information
Buyer Office Name: Compass Property Mgmt Corp
Around this home
Schools
California Elementary School
Public K-6 • Assigned • 0.5mi
10/10
Charles W. Tewinkle Middle School
Public 7-8 • Assigned • 0.4mi
5/10
Estancia High School
Public 9-12 • Assigned • 1.7mi
6/10
Provided by GreatSchools
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