$2,020,000
$2,095,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
2914 Peppertree LN Costa Mesa, CA 92626
6,377 Sqft Lot
Key Details
Sold Price $2,020,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24247282
Sold Date 03/21/25
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 6,377 Sqft
Property Sub-Type Quadruplex
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!
Location
State CA
County Orange
Area C1 - Mesa Verde
Interior
Interior Features Balcony, Multiple Staircases, Quartz Counters, Unfurnished, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Wall Furnace
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen, Laundry Room, Stacked
Exterior
Parking Features Assigned, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Fence Average Condition, Excellent Condition, Wood
Pool None
Community Features Curbs, Suburban, Sidewalks, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
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
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer, Sewer Tap Paid
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 13929606
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, Trust Deed, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, Trust Deed, VA Loan
Financing Conventional
Special Listing Condition Standard, Trust
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Bought with Heather Liwski • Coldwell Banker Realty
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