2940 Peppertree Costa Mesa, CA $ 2,300,000
2940 Peppertree
$ 2,300,000
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2940 Peppertree

Costa Mesa, CA, 92626
$ 2,300,000
Baths1.0 Sq 3,551

Monthly Estimate*

$ 14,161

Listed by Seven Gables Real Estate
2940 Peppertree, Costa Mesa, CA 92626 - Image 1
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2940 Peppertree, Costa Mesa, CA 92626 - Image 3
2940 Peppertree, Costa Mesa, CA 92626 - Image 4
2940 Peppertree, Costa Mesa, CA 92626 - Image 5
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2940 Peppertree, Costa Mesa, CA 92626 - Image 8
2940 Peppertree, Costa Mesa, CA 92626 - Image 9
Studio

Multi-Family Home for sale in Costa Mesa, CA

for $2,300,000 with 1 full bath. This 3,551 square foot home was built in 1960 on a lot size of 0.14.

This prime 4-plex in Costa Mesa’s coveted Mesa Verde neighborhood offers a stable investment with significant upside potential. The property features four units, including two single level residences and two upper units, offering a versatile layout attractive to a wide range of tenants. This property benefits from a more residential feel while maintaining strong income potential. Each unit includes a one car garage, with additional street parking available. A spacious front yard with a grass lawn enhances curb appeal and provides a welcoming setting. Ideally situated just five miles from the coast, this property offers convenient access to premier destinations including South Coast Plaza, Orange Coast College, the OC Fairgrounds, Triangle Square, and the vibrant shopping and dining. A rare opportunity to own a well-located, income-producing property in one of Costa Mesa’s most sought-after communities.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1960

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC26065926

Days on Market

13

Features
General
Sewer Public Sewer
Roof Composition Flat
Appliances Dishwasher Disposal Water Heater
HOA Fee 0
Garage Spaces 4
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1960
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 1
Community Features Curbs Street Lights Suburban Sidewalks
County Orange
Net Operating Income 73552
Operating Expense 35264
Insurance Expense 3800
New Construction false
Property Type Residential Income
HOA false
Contingency Showing Instructions: DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS. Call John Kelly 949-233-5574.
Subdivision Name Mesa Verde by Dike/Colegrove (MTDC)
Facing Direction West
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Adams to Royal Palm to Peppertree
City Costa Mesa
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area C1 - Mesa Verde
Lot Size Units Square Feet
Lot Size Square Feet 6098
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1434
Water Sewer Expense 1075
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 18
Total Actual Rent 9068
Property Sub Type Additional Quadruplex
Taxes 27515
Cap Rate 3.2
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Door-Single Driveway Garage
Lot Features Front Yard Level Rectangular Lot
Water Source Public
Total Parking 8
Lot Size Area 6098
Number of Buildings 1
Spa false
Building Area Total 3551
Lot Size Acres 0.14
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Seven Gables Real Estate

Broker

JohnKelly@CostaMesaLiving.com

Email

Affordability Calculator

$14,161
Per Month
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Monthly Principal & Interest
$14,161
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$2,300,000 Listed Price

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2940 Peppertree, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $2,300,000 with 3,551 sqft and a lot size of 0.14. 2940 Peppertree is a studio with 1.0 baths and was built in 1960. The property's zip code is 92626 which is in Costa Mesa, CA