$2,095,000
Accepting Backup Offers

2914 Peppertree Lane

Costa Mesa, CA 92626
0.15 acres | #PW24247282
Listing OfficeCrane Real Estate
Browse 60 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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!

  • Property Details
      • Lot DescriptionBackYard, FrontYard, SprinklersInRear, SprinklersInFront, IrregularLot, Lawn, Landscaped, NearPark, SprinklersTimer, SprinklerSystem, Zero
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected, WaterConnected, OverheadUtil
      • InteriorBalcony, MultipleStaircases, QuartzCounters, Unfurnished, AllBedroomsUp, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
      • Sewer InformationPublicSewer, SewerTapPaid
      • Property TypeMulti-Family
      • Original List Price$2,095,000
      • MLS #PW24247282
      • Property SubtypeQuadruplex
      • MLS #PW24247282
      • Cost2095000
      • Acres0.1464
      • Utility SourcePublic
      • CountyOrange
      • SubdivisionOther
      • Year Built1960
      • FoundationSlab
      • Stories2
      • Parking Spaces4

Location

Annette CapranicaReal Estate Group

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