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2914 Peppertree Lane, Costa Mesa, CA 92626

Fourplex

2914 Peppertree Lane, Costa Mesa, CA 92626 Sold March 2025 CRMLS
$2,020,000Sold March 2025

Listing Agent: Thomas Santoro (DRE #00794403) · Listing Office: Crane Real Estate · Contact: 714-457-3436 · Bought with: Heather Liwski · Coldwell Banker Realty · MLS #PW24247282 · Source: CRMLS

6,378 sqft
Lot Size
1960
Year Built
Fourplex
Type
2
Stories
4
Garage
None
Cooling
WallFurnace
Heating

About this fourplex

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!

Listing description from the March 2025 sale, as reported to CRMLS.

Sale history

$2,020,000
Sold March 2025 · listed $2,095,000, on market January 2025 · MLS #PW24247282 · Source: CRMLS
Listing Agent: Thomas Santoro · Listing Office: Crane Real Estate · Contact: 714-457-3436 · Bought with: Heather Liwski · Coldwell Banker Realty
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