2910 Peppertree Lane, Costa Mesa, CA 92626

$1,915,000

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Sold Price
$1,915,000
List Price
$1,995,000
Closing Date
Oct 20, 2023
Status
CLOSED
MLS#
NP23135057
Year Built
1960
Lot Size
11,326
Acres
0.26
Days on Market
55
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Mesa Verde Residential Income (Mvri)

Property Description

We are pleased to present the sale of 2910 Peppertree Lane, a 4 unit multifamily property located in the city of Costa Mesa. Each unit features 2 bedrooms, 1 bathroom, and approximately 888 SF of living space. This property sits on one of the largest lots in the area at approximately 11,324 SF which offers numerous possibilities. Other features include washer/dryer hookups in each unit, single car garages with additional parking, dual pane windows throughout, separately metered for gas /electricity, and a newer roof which was installed in 2018. The subject property offers significant rental upside and the opportunity to dramatically increase cash flow. Tenants enjoy close proximity to South Coast Plaza, major freeways, and all the amenities Harbor Blvd has to offer!

Additional Information

Appliances
Dishwasher, Range Hood
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Composition
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$76,200
Operating Expense
29948

Listing courtesy of Listing Agent: Christopher Maddy (chris@timcarrgroup.com) from Listing Office: Coldwell Banker Realty.

Listing sold by Malakai Sparks from The L3

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.