2914 Peppertree Lane, Costa Mesa

$2,095,000

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8

Beds

4

Baths

0.15

Acres

Listing Agent
Thomas Santoro - Crane Real Estate

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
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
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
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
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
Windows Blinds, Double Pane Windows
Roof Composition
Foundation Slab

Additional Information

Date Listed January 23rd, 2025
Days on Market 18
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentThomas Santoro
OfficeCrane Real Estate

Listing Map

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