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.

Property details

Year built

1960

Property type

Residential Income

Lot size

6,098 sqft

Location

2940 Peppertree • Costa Mesa, CA 92626

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Listed by

John Kelly · Seven Gables Real Estate

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Recent sales near 2940 Peppertree

1566 Corsica Place: Sold $1,364,000 · 3 bd · 2 ba · 1,357 sqft · Sep 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01442543
Buyer's agent: Damon Burris, Damon Burris, Broker | DRE #01470087
3102 Ginger Avenue: Sold $2,170,000 · Sep 2026 · 0.3 mi
Innovate Realty, Inc. | DRE #01899250
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2968 Ceylon: Sold $1,635,000 · 3 bd · 2 ba · 1,768 sqft · Sep 2026 · 0.5 mi
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Buyer's agent: Colin Delaney, Gatehouse Properties | DRE #01391590
1697 Labrador: Sold $1,975,000 · 3 bd · 3 ba · 1,996 sqft · Sep 2026 · 0.5 mi
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Buyer's agent: Larry Birnbaum, LMB Enterprises | DRE #01363487
3030 SAMOA: Sold $1,595,000 · 4 bd · 3 ba · 2,080 sqft · Jul 2026 · 0.5 mi
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1424 Deauville Place: Sold $794,000 · 3 bd · 3 ba · 1,100 sqft · Sep 2026 · 0.6 mi
Coldwell Banker Realty | DRE #01346878
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3101 Barbados Place: Sold $1,420,000 · 3 bd · 2 ba · 1,476 sqft · Jul 2026 · 0.6 mi
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2952 Java Road: Sold $2,884,000 · 4 bd · 3 ba · 2,241 sqft · Sep 2026 · 0.7 mi
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Closed sales reported in 92626, nearest first, last 12 months. All recent sales in Costa Mesa →

Residential Income - 2940 Peppertree, Costa Mesa, CA