Active

2902 Peppertree Lane

Costa Mesa, CA 92626

$2,175,000 $9,169/Mo

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Overview

Bed

Bath

6,970

Sqft(Lot)

Description

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 : ResidentialIncome

Price : $2,175,000

AD Id : 91541010

MLS Id : OC26209314

Beds : 8

Lot Size : 6,970 Sq. Ft

Year Built : 1960

Garage : 4

County : Orange

Subdivision: Lehigh Acres

Map

What's Nearby

Nearby Areas

Features

Interior Features

CeilingFans, LaminateCounters

Roof: Composition, Flat

Appliances: Dishwasher, ElectricRange, Disposal, RangeHood, WaterHeater

Laundry Features: CommonArea

Window Features: DoublePaneWindows
Heating & Cooling

Has Heating: Yes Heating: WallFurnace Cooling: None

Building Information

Year Built: 1960

Building Area Total: 3550

Construction Materials: Stucco, WoodSiding

Stories: 2

Pool Features: None

Private Pool: No

View: None

Lot Information

Main Square Feet: 6970 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6,970 Lot Description: TwoToFiveUnitsAcre

Property Information

Subdivision: Mesa Verde Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: Two Property Age: 66

Listing Price Information

Listing Price: $2175000

Cash, CashToNewLoan, Conventional, Exchange1031

Tax Information

Parcel Number: 13929612 Tax Lot: 5

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 4 Assigned, Garage, Paved

Garage Information

Has Garage: Yes Garage Space: 4

Utility Information

ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Location Information

Direction: Harbor Blvd and Adams Ave WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2937 Mendoza Drive, Costa Mesa, CA, 92626	$3,150,000	8	12	--	9,148 Sq. Ft
2940 Peppertree, Costa Mesa, CA, 92626	$2,300,000	8	4	3,551	6,098 Sq. Ft
2859 Hickory Place, Costa Mesa, CA, 92626	$1,999,900	9	4	--	6,970 Sq. Ft

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ByOwner last updated this listing 09/30/2026 @ 18:57

MLS: OC26209314 LISTED BY: Sally Roldan, ehomes 909-757-0031 SOURCE: CRMLS