2914 Peppertree Lane
Costa Mesa, CA, 92626
$2,095,000
Beds
0 Baths
SqFt
0.15 Acres
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Rarely available Mesa Verde fourplex with single family residences across the street! Located just 5 miles from the ocean and very close to South Coast Plaza, Orange Coast College, Orange County Fairgrounds, Triangle Square, 17th Street with all its shopping and dining and more! This building features four two bedroom one bath units each with a private garage and parking space behind it. Additionally Unit B has a private backyard with lemon tree and second parking space behind it. Units A, C, and D have been completely remodeled with quartz countertops, plank vinyl flooring, and new appliances which include stacked washer/dryers and refrigerators for the tenants’ convenience. Additional features include new roof in October 2023, dual pane windows, and recently replaced garage doors with openers, and keyless entry. This building has been professionally maintained and managed. Tenants enjoy the highly rated California elementary school. Market rents are $2425 x 3 and $2600 for the unit with the yard and second parking space. Market Gross Rent Multiplier = 17.68! Don’t miss this great value!

Property Details

Price:
$2,095,000
MLS #:
PW24247282
Status:
Active Under Contract
Baths:
0
Address:
2914 Peppertree Lane
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c1mesaverde
City:
Costa Mesa
Listed Date:
Jan 23, 2025
State:
CA
ZIP:
92626
Lot Size:
6,378 sqft / 0.15 acres (approx)
Year Built:
1960
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Schools

Interior

Appliances
Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Carpet, Vinyl
Heating
Wall Furnace
Interior Features
2 Staircases, Balcony, Quartz Counters, Unfurnished
Window Features
Blinds, Double Pane Windows

Exterior

Community Features
Curbs, Sidewalks, Suburban
Electric
Electricity – On Property
Fencing
Average Condition, Excellent Condition, Wood
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
Back Yard, Front Yard, Landscaped, Lawn, Irregular Lot, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Utilities – Overhead, Zero Lot Line
Parking Features
Assigned, Garage, Garage Faces Rear, Garage – Single Door, Garage Door Opener
Parking Spots
8.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer, Sewer Paid
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected

Map

Community

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broker reciprocity Courtesy of Crane Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
2914 Peppertree Lane
Costa Mesa, CA