2940 Peppertree, Costa Mesa, CA 92626
- $2,250,000
- List Price
- $2,250,000
- Price Change
- ▼ $50,000 1784034025
- Status
- ACTIVE
- MLS#
- OC26065926
- Year Built
- 1960
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Location
- Front Yard, Level, Rectangular Lot
- Days on Market
- 117
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Mesa Verde By Dike/Colegrove (Mtdc)
Property Description
This prime 4-plex in Costa Mesa’s coveted Mesa Verde neighborhood offers a stable investment with significant upside potential. The property features four units, including two single level residences and two upper units, offering a versatile layout attractive to a wide range of tenants. This property benefits from a more residential feel while maintaining strong income potential. Each unit includes a one car garage, with additional street parking available. A spacious front yard with a grass lawn enhances curb appeal and provides a welcoming setting. Ideally situated just five miles from the coast, this property offers convenient access to premier destinations including South Coast Plaza, Orange Coast College, the OC Fairgrounds, Triangle Square, and the vibrant shopping and dining. A rare opportunity to own a well-located, income-producing property in one of Costa Mesa’s most sought-after communities.
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Additional Information
- Appliances
- Dishwasher, Disposal, Water Heater
- Pool Description
- None
- Roof
- Composition, Flat
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $108,816
- Operating Expense
- 35264
Listing courtesy of Listing Agent: John Kelly (JohnKelly@CostaMesaLiving.com) from Listing Office: Seven Gables Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.