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! Don’t miss this great value!
Features of 2914 Peppertree Lane
MLS® # | PW24247282 |
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Price | $2,095,000 |
Bedrooms | 8 |
Bathrooms | 4.00 |
Acres | 0.15 |
Year Built | 1960 |
Type | Residential Income |
Sub-Type | Quadruplex |
Style | Traditional |
Status | Active |
Community Information
Address | 2914 Peppertree Lane |
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Area | C1 - Mesa Verde |
Subdivision | Other |
City | Costa Mesa |
County | Orange |
Zip Code | 92626 |
Amenities
Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities |
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Parking Spaces | 8 |
Parking | Assigned, Door-Single, Garage, Garage Door Opener, Garage Faces Rear |
# of Garages | 4 |
Garages | Assigned, Door-Single, Garage, Garage Door Opener, Garage Faces Rear |
View | None |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior | Carpet, Vinyl |
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Interior Features | Balcony, Multiple Staircases, Quartz Counters, Unfurnished, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary |
Appliances | Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Dryer, Washer |
Heating | Wall Furnace |
Cooling | None |
Has Basement | No |
Fireplace | No |
Fireplaces | None |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Irregular Lot, Lawn, Landscaped, Near Park, Sprinklers Timer, Sprinkler System, Zero Lot Line |
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Windows | Blinds, Double Pane Windows |
Roof | Composition |
Foundation | Slab |
Additional Information
Date Listed | January 23rd, 2025 |
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Days on Market | 18 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Leased Land | Fee |
Senior Community | No |
Listing Details
Agent | Thomas Santoro |
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Office | Crane Real Estate |