2914 Peppertree Lane Contingent

Costa Mesa,CA 92626

$ 2095000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID PW24247282

Bedrooms 8

HOA Y/N No

Lot Size 6,378 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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! Dont miss this great value!
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! Dont miss this great value!

Location

State CA

County Orange

Area Oc - Costa Mesa (92626)

Zoning Assessor

Exterior

Parking Features Unit1:Assigned

Roof Type Composition

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Monthly Total Fees $240

Acceptable Financing Cash,Conventional,Exchange,VA

Space Rent $2,300

Listing Terms Cash,Conventional,Exchange,VA

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