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2940 Peppertree
For Sale $2,300,000
$2,300,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,098 Sq Ft
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 rare opportunity to own a well-located, income-producing property in one of Costa Mesa’s most sought-after communities.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,300,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 13920320 |
| MLS # | OC26065926 |
| Property ID | 322721496 |
| Lot Sqft | 6,098 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 85 |
| Original List Price | $2,300,000 |
| Applicances | Dishwasher,Disposal,Water Heater% |
| Date Updated | April 02, 2026 |
| Date Created | March 31, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $9,068 | $0 |
| Net Income (Yr) | $ 73,552 |
| Cap Rate | 3.2% |
Listing Provided By
John Kelly an agent of . Lic #01232969
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of April 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT