Active

2940 Peppertree

Costa Mesa, CA 92626

$2,300,000 $9,696/Mo

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Overview

Bed

Bath

3,551

Sqft

6,098

Sqft(Lot)

Description

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 r are opportunity to own a well-located, income-producing property in one of Costa Mesa’s most sought-after communities.

Property Details

Property Type : Residential Income

Price : $2,300,000

AD Id : 76677761

MLS Id : OC26065926

Beds : 8

Lot Size : 6,098 Sqft

Living Area Size : 3,551

Year Built : 1960

Garage : 4

County : Orange

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Composition,Flat Property Appliances: Dishwasher,Disposal,Water Heater Fireplace: None
Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1960 Building Area Total: 3,551 Roof: Composition,Flat
Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.14
Lot Size Source: Assessor Lot Size Square Feet: 6098

Listing Price Information

Original List Price: 2,300,000 Listing Contract Date: 2026-03-31
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 13920320

Garage and Parking

Garage Description: Door-Single,Driveway,Garage

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: C1 - Mesa Verde Directions: Adams to Royal Palm to Peppertree Source Property Type: Residential Income Area: C1 - Mesa Verde Property SubType: Quadruplex
Building and Construction

Property Age: 66 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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At $647.70 per sq.ft.,this listing is priced below average compared to other multifamily from Costa Mesa.

The average multifamily price in Costa Mesa is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Orange County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

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ByOwner last updated this listing 04/06/2026 @ 20:51

MLS: OC26065926 LISTED BY: John Kelly, Seven Gables Real Estate 714-500-3300 SOURCE: CRMLS