Under contract

2914 Peppertree LN

COSTA MESA CA, 92626

$2,095,000


$589.97 per sqft

Under contract

8 Beds

4 Baths

3,551 sqft

Multi-family

Built in 1960

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!

PW24247282MR

MLS ID

January 23, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Appliances

Dishwasher, Dryer, Dryer Included, Gas Dryer Hookup, In Kitchen, Laundry Closet Stacked, Refrigerator, Room, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Washer Hookup, Washer Included


Laundry Description

Dryer, Dryer Included, Gas Dryer Hookup, In Kitchen, Laundry Closet Stacked, Room, Stackable W/D Hookup, Washer, Washer Hookup, Washer Included


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.15 Acres


Roof

Composition


Sewer

In Street Paid, Public Sewer


Security

Carbon Monoxide Detector(s), Smoke Detector


Window

Double Pane Windows, Window Blinds

Other Property Details

Area Name

Mesa Verde


Days on Market

28


Garage

Yes


Garage Spaces

4


Parking

Assigned, Door Opener, Garage, Garage - 1 Car


Parking Total

8


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

2/13/2025

Under contract

Listed by Thomas Santoro with Crane Real Estate
Listing Contact: 714-457-3436 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Elizabeth Alligood & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/22/2025

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