2904 Peppertree Lane, Costa Mesa, CA 92626
- $2,225,000
- List Price
- $2,225,000
- Status
- ACTIVE
- MLS#
- OC26209367
- Year Built
- 1960
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Mesa Verde
Property Description
RARE INVESTMENT OPPORTUNITY IN HIGHLY DESIRABLE MESA VERDE! Great opportunity to own a well-located 4-plex in the highly desirable Mesa Verde area. The property features spacious floor plan layouts, with each unit offering 2 bedrooms and 1 bathroom. The living rooms open to the dining areas and kitchens, with ceiling fans in the dining rooms and bedrooms. Several units have been upgraded, including one unit that is completely furnished. Interior finishes and amenities vary by unit. Some units feature dishwashers and washer/dryer hookups in the kitchen, while others do not. Flooring includes carpeting, with two downstairs units featuring laminate flooring. Some interiors have also been freshly painted within the past year. The roof is approximately 10 years old, and the property features newer dual-pane windows throughout, approximately 1 year old. The buildings' exteriors were painted about 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. Newer roll-up garage doors provide an additional update to the property. Great curb appeal, pride of landlord ownership. Great location near shopping, dining, transportation, and other everyday conveniences, adding to the property's appeal for both investors and tenants. Quiet Mesa Verde community. ADDITIONAL INVESTMENT OPPORTUNITY: The adjacent 4-plex at 2902 Peppertree is also available for purchase under a separate MLS listing, providing a potential opportunity to acquire both properties.
Additional Information
- Appliances
- Electric Range, Disposal, 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
- Laminate Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $126,000
- Operating Expense
- 10913
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.