2940 Peppertree Ln, Costa Mesa, CA, 92626

USD 2,300,000
For Sale MLS: OC26065926

Property Details

Bathrooms

4

Property Type

multi family

Description

Multi Family in Costa Mesa, CA - Bedrooms: 0 - Bathrooms: 4 - Area: N/A - Year Built: 1960 - Lot: 6098 sqft

Listing Agent: Jay and John Kelly Brokerage: Seven Gables Real Estate

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.

Location

Address

2940 Peppertree Ln, Costa Mesa, CA, 92626

City

Costa Mesa

Features and Finishes

Water Heater, Disposal, Dishwasher, Laundry Features: Inside, Full Bathrooms: 4, Additional Parcels: No, Land Lease: No, Lot Description: Rectangular Lot, Level, Front Yard, Lot Size Acres: 0.14, Lot Size Source: Assessor, Lot Size Square Feet: 6098, Garage Spaces: 4, Parking Features: Garage - Single Door, Driveway, Parking Total: 8, Association: No, Calculated Total Monthly Association Fees: 0, Gardener Expense: 1440, Gross Income: 100, Gross Scheduled Income: 108816, Number of Units Leased: 4, Rent Control: Yes, Number of Units: 4, Bedrooms in Unit-1: 2, Bedrooms in Unit-2: 2, Bedrooms in Unit-3: 2, Bedrooms in Unit-4: 2, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 1, Full Bathrooms in Unit-3: 1, Full Bathrooms in Unit-4: 1, Unit-1 Furnished Description: Unfurnished, Unit-2 Furnished Description: Unfurnished, Unit-3 Furnished Description: Unfurnished, Un

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