2902 Peppertree Lane Costa Mesa, CA $ 2,175,000
2902 Peppertree Lane
$ 2,175,000
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2902 Peppertree Lane

Costa Mesa, CA, 92626
$ 2,175,000
Bedrooms-- Baths1.0 Sq 3,550

Monthly Estimate*

$ 13,733

Listed by Sally Roldan, ehomes, sally9499@gmail.com
2902 Peppertree Lane, Costa Mesa, CA 92626 - Image 1
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Multi-Family Home for sale in Costa Mesa, CA

for $2,175,000 with 1 full bath. This 3,550 square foot home was built in 1960 on a lot size of 0.16.

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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Multi-Family Active

Price

$ 2,175,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1960

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC26209314

Days on Market

10

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Flat
Appliances Dishwasher Electric Range Disposal Range Hood Water Heater
HOA Fee 0
Garage Spaces 4
Pool Features None
Construction Materials Stucco Wood Siding
Exclusions Tenants Personal Property
Year Built 1960
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 117600
Community Features Street Lights Sidewalks
County Orange
Net Operating Income 117600
Operating Expense 9209
Insurance Expense 2200
New Construction false
Property Type Residential Income
HOA false
Contingency Buyer to cooperate with Seller’s 1031 Exchange at no additional cost or expense to Buyer.
Subdivision Name Mesa Verde
Garage Y/N true
Special Listing Conditions Standard Trust No Smoking
Status Active
Directions Harbor Blvd and Adams Ave
City Costa Mesa
Entry Location Front
Senior Community Y/N false
Number Of Units Total 4
MLS Area C1 - Mesa Verde
Lot Size Units Square Feet
Lot Size Square Feet 6970
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 2400
Water Sewer Expense 3360
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 9800
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Ceiling Fan(s) Laminate Counters
Flooring Concrete Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Block Wood
Parking Features Assigned Garage Paved
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 6970
Number of Buildings 1
Spa false
Building Area Total 3550
Lot Size Acres 0.16
Road Surface Type Paved
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
Road Frontage Type City Street
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* Excluded Features
List By
Sally Roldan

Listing Agent

Ehomes

Broker

sally9499@gmail.com

Email

Affordability Calculator

$13,733
Per Month
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Monthly Principal & Interest
$13,733
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
9/27/2026$2,175,000 Listed Price

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2902 Peppertree Lane, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $2,175,000 with 3,550 sqft and a lot size of 0.16. 2902 Peppertree Lane has 1.0 baths and was built in 1960. The property's zip code is 92626 which is in Costa Mesa, CA