2914 Peppertree Lane, Costa Mesa, CA

$2,095,000

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8

Beds

4

Baths

0.15

Acres

About 2914 Peppertree Lane

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! Dont miss this great value!

Features of 2914 Peppertree Lane

MLS® # PW24247282
Price $2,095,000
Bedrooms 8
Bathrooms 4.00
Acres 0.15
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 2914 Peppertree Lane
City Costa Mesa
County Orange
State CA
Zip Code 92626

Amenities

Utilities Sewer Connected
Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks
Roof Composition

Additional Information

Date Listed January 23rd, 2025
Days on Market 21
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCrane Real Estate

Listing Map

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