$1,915,000
$1,995,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 10/20/2023
Key Details
Sold Price $1,915,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mesa Verde Residential Income (Mvri)
MLS Listing ID NP23135057
Sold Date 10/20/23
HOA Y/N No
Year Built 1960
Lot Size 0.260 Acres
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!
Location
State CA
County Orange
Area C1 - Mesa Verde
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Range Hood
Laundry Inside, In Kitchen
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Gutter(s), Street Lights, Sidewalks
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13929608
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Malakai Sparks • The L3