2914 Peppertree Lane

Costa Mesa, CA 92626

$2,095,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1960

calendar_month Built

Property Description

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 Information

List Price $2,095,000
Status Active
MLS PW24247282
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1960
Lot Size 6,534
Structure Size N/A
DOM 1
Courtesy Of Crane Real Estate
Listing Agent Thomas Santoro DRE#00794403
Co-Listing Agent Nathan Allen DRE#01874648

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, In Kitchen, Laundry Room, Stacked
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Up, All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Balcony, Multiple Staircases, Quartz Counters, Unfurnished, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Thomas Santoro, Nathan Allen, Crane Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 25th, 2025 at 2:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.