Nicole Darwin

Advisor

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$ 2,020,000

$ 2,095,000 3.6%

Est. payment -/mo

Sold on 03/21/2025

2914 Peppertree LN Costa Mesa, CA 92626

6,377 Sqft Lot

UPDATED:

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

Listed by Thomas Santoro • Crane Real Estate • 714-457-3436
Bought with Heather Liwski • Coldwell Banker Realty

Nicole Darwin

Advisor

+1(707) 330-4357

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