For Sale Multi-Family MLS# OC26209314

2902 Peppertree Lane

Costa Mesa, CA 92626

$2,175,000

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About 2902 Peppertree Lane

Prime Mesa Verde Location – Income-Producing 4-Plex

Great opportunity to own a well-located 4-plex in the highly desirable Mesa Verde area. The property offers spacious floor plan layouts, with each unit featuring 2 bedrooms and 1 bathroom. Living rooms open to dining areas and kitchens, with ceiling fans in the dining rooms and bedrooms.

Unit amenities and finishes vary. Some units feature dishwashers and washer/dryer hookups in the kitchens, while others do not. Flooring varies by unit, including carpeting and laminate flooring. Several interiors have been upgraded and/or freshly painted within the past year. One downstairs unit features a spacious side yard with a block wall and patio slab.

The roof is approximately 10 years old. The exterior of the buildings was painted approximately 2 years ago, and dual-pane windows were installed approximately 1 year ago. The rear of the property was renovated approximately 5 years ago and features cement driveways and additional parking. Tenants also have access to additional street parking along the single-loaded street. Great curb appeal, pride of landlord ownership.

A community coin-operated laundry room is located in one of the garages, providing an additional tenant amenity.

Conveniently located near shopping, dining, transportation, and other everyday amenities, this is an attractive investment opportunity in a desirable, quiet Costa Mesa neighborhood.

Additional Investment Opportunity: The adjacent 4-plex at 2904 Peppertree Lane is also available for purchase under a separate MLS listing, offering a potential opportunity to acquire both properties.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1960
Stories
2
Living area
3,550 sqft
Price / sqft
$613
Lot
0.16
Original price
$2,175,000
MLS #
OC26209314

Interior

Features
Ceiling Fan(s), Laminate Counters
Appliances
Dishwasher, Electric Range, Disposal, Range Hood, Water Heater
Flooring
Concrete, Tile, Vinyl
Heating
Wall Furnace
Laundry
Common Area
Windows
Double Pane Windows

Exterior & lot

Features
Parking spaces: 4
Construction
Stucco, Wood Siding
Roof
Composition, Flat
Fence
Block, Wood
Parking
Assigned, Garage, Paved
Garage spaces
4

Schools

District
Newport-Mesa Unified School District

Utilities

Utilities
Public Sewer, Public, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Financial
Tenants Personal Property
Parcel
13929612
Special conditions
No Smoking, Standard, Trust

Location

Subdivision
Mesa Verde
Area
C1 - Mesa Verde
County
Orange
Neighborhood
Mesa Verde
Community
City Street, 0.0
Directions
Harbor Blvd and Adams Ave

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Listed by Sally Roldan, ehomes

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.