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Costa Mesa, CA

$2,250,000

2940 Peppertree, Costa Mesa, CA
1960
Built
103
Days listed

About this home

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.

Facts & features

Interior
Appliances
Dishwasher, Disposal, Water Heater
Fireplace
None
Laundry
Inside
Levels
Two
Spa
None
Exterior & lot
Lot size
0.14 acres (6,098 sq ft)
Pool
None
Year built
1960
Parking
Door Single, Driveway, Garage
Parking spaces
8
Community
Area
C 1 - Mesa Verde
County
Orange
Community features
Curbs, Street Lights, Suburban, Sidewalks
Listing details
Status
Active
Property type
Quadruplex
Days on market
103
Listed
2026-03-31
Original price
$2,300,000
Terms
Cash, Cash To New Loan
Parcel #
13920320
MLS #
OC26065926
Listed by
John Kelly · Seven Gables Real Estate

Location

Price history

Listed
$2,300,000 · 2026-03-31
Price reduced
$2,250,000 (−$50,000)
Days on market
103
Current price
$2,250,000
Financing

Could this home be yours?

Estimated monthly payment
$14,115
$11,377 principal & interest · $2,738 taxes & insurance
$450,000
Estimate only
Loan $1,800,000

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Listing data provided by CRMLS

Listing courtesy of Seven Gables Real Estate. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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