2902 Peppertree Lane, Costa Mesa, CA 92626
- $2,175,000
- List Price
- $2,175,000
- Status
- ACTIVE
- MLS#
- OC26209314
- Year Built
- 1960
- Lot Size
- 6,970
- Acres
- 0.16
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 6
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Mesa Verde
Property 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.
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Additional Information
- Appliances
- Dishwasher, Electric Range, Disposal, Range Hood, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco, Wood Siding
- Roof
- Composition, Flat
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Laminate Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $117,600
- Operating Expense
- 9209
Listing courtesy of Listing Agent: Sally Roldan (sally9499@gmail.com) from Listing Office: ehomes.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.