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.
AGENT: John Kelly LISTING BROKERAGE: Seven Gables Real Estate
Courtesy of Seven Gables Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2940 Peppertree
Costa Mesa, CA
Property Details
Price:
$2,300,000
MLS #:
OC26065926
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Mesa Verde by Dike/Colegrove MTDC
Neighborhood:
c1mesaverde
Listed Date:
Apr 2, 2026
Total Sq Ft:
3,551
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1960
C1 – Mesa VerdeC1mesaverdeMesa Verde By Dike/colegrove Mtdc
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Schools
Interior
Appliances
DW, GD, WHU
Laundry Features
IN
Levels
U
Exterior
Common Walls
_1CW
Community Features
SDW, SL, SUB, CRB
Direction Faces
W
Garage Spaces
4
Parking Spots
8
Parking Total
8
Roof
CMP, FLTR
Security Features
SD, COD
Spa Features
NO
Financial
Gross Operating Income
$1
Net Operating Income
$73,552
Map
Community
- Address2940 Peppertree Costa Mesa CA
- SubdivisionMesa Verde by Dike/Colegrove (MTDC)
- CityCosta Mesa
- CountyOrange
- Zip Code92626
