2904 Peppertree Lane
C1 - Mesa Verde Costa Mesa 92626

$2,225,000
Residential Income built: 1960

Main Photo: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
Photo 1: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
Photo 2: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
Photo 3: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
Photo 4: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
OC26209367
Year Built:
1960
RARE INVESTMENT OPPORTUNITY IN HIGHLY DESIRABLE MESA VERDE! Great opportunity to own a well-located 4-plex in the highly desirable Mesa Verde area. The property features spacious floor plan layouts, with each unit offering 2 bedrooms and 1 bathroom. The living rooms open to the dining areas and kitchens, with ceiling fans in the dining rooms and bedrooms. Several units have been upgraded, including one unit that is completely furnished. Interior finishes and amenities vary by unit. Some units feature dishwashers and washer/dryer hookups in the kitchen, while others do not. Flooring includes carpeting, with two downstairs units featuring laminate flooring. Some interiors have also been freshly painted within the past year. The roof is approximately 10 years old, and the property features newer dual-pane windows throughout, approximately 1 year old. The buildings' exteriors were painted about 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. Newer roll-up garage doors provide an additional update to the property. Great curb appeal, pride of landlord ownership. Great location near shopping, dining, transportation, and other everyday conveniences, adding to the property's appeal for both investors and tenants. Quiet Mesa Verde community. ADDITIONAL INVESTMENT OPPORTUNITY: The adjacent 4-plex at 2902 Peppertree is also available for purchase under a separate MLS listing, providing a potential opportunity to acquire both properties.
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
6,098 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1960 (Age: 66)
General Listing Location:
Costa Mesa, C1 - Mesa Verde
County Or Parish:
Orange
Tenant Pays:
Cable TV, Electricity, Gas
Common Interest:
None
Gross Income:
$126,000
Gross Scheduled Income:
$126,000
Net Operating Income:
$126,000
Rent Control:
No
Total Actual Rent:
$10,500
Association Fee:
$0
Land Lease:
No
Gardener expense:
1200.0
Insurance Expense:
$2,775
Licenses expense:
49.0
Maintenance Expense:
$3,500
Operating Expense:
$10,913
Trash Expense:
$2,507
Water and Sewer Expense:
$832
Tax Lot:
6
Harbor Blvd and Adams Ave
Floor
Type
Size
Other
-
Primary Bedroom
Measurements not available
-
-
Kitchen
Measurements not available
-
View:
None
Features Excluded:
Tenants Personal Belongings
Appliances:
Electric Range, Disposal, Water Heater
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
4
# Units Leased:
4
Community Features:
Street Lights, Sidewalks
Senior Community:
No
Interior Features:
Laminate Counters
Laundry Features:
None
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
2-5 Units/Acre
Fireplace Features:
None
Security Features:
Carbon Monoxide Detector(s)
Subdivision Name:
Mesa Verde
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
Front
Construction Materials:
Stucco, Wood Siding
New Constr.:
No
Flooring:
Laminate
Roof:
Composition, Flat
Common Walls:
1 Common Wall
# Units:
4
Property Condition:
Turnkey
Heating:
Wall Furnace
Fireplace:
No
Cooling:
None
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Fencing:
Block, Wood
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Frontage Type:
City Street
Road Surface Type:
Paved
Garage Spaces:
4
Total Parking Spaces:
4
Parking Features:
Garage, Paved
Special Listing Conditions:
Standard, Trust, No Smoking
Parcel Number:
13929611
  • Photo 1: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
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  • Photo 2: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
    Photo 2 of 4
  • Photo 3: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
    Photo 3 of 4
  • Photo 4: 2904 Peppertree Lane in Costa Mesa: Residential Income for sale (C1 - Mesa Verde) : MLS®# OC26209367
    Photo 4 of 4
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Data was last updated September 28, 2026 at 12:40 AM (UTC)
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Based on information from California Regional Multiple Listing Service, Inc. as of September 28, 2026 at 12:40 AM (UTC) and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.