Seller's Agent in 2025
Thomas C. Santoro
Crane Real Estate
(714) 457-3436
2 in this area
82 Total Sales
2914 Peppertree Ln Costa Mesa, CA 92626
Mesa Verde Neighborhood
8
Beds
4
Baths
3,551
Sq Ft
6,377
Sq Ft Lot
Highlights
- All Bedrooms Downstairs
- Dual Staircase
- Traditional Architecture
- California Elementary School Rated A
- Property is near park
- Quartz Countertops
About This Home
As of March 2025Rarely 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! Don’t miss this great value!
Last Agent to Sell the Property
Crane Real Estate Brokerage Phone: 714-457-3436 License #00794403 Listed on: 01/24/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960 | Remodeled
Lot Details
- 6,378 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Fence is in excellent condition
- Landscaped
- Irregular Lot
- Front and Back Yard Sprinklers
- Lawn
- Back and Front Yard
- Zero Lot Line
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,551 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Double Pane Windows
- Blinds
- Living Room
Kitchen
- Self-Cleaning Convection Oven
- Electric Oven
- Electric Range
- Range Hood
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
Location
- Property is near park
- Suburban Location
Utilities
- Wall Furnace
- Vented Exhaust Fan
- Overhead Utilities
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 11
- Tax Tract Number 2822
- Assessor Parcel Number 13929606
- $2,883 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,424
- Trash Expense $216
- Water Sewer Expense $1,636
- Operating Expense $30,265
- Gross Income $107,700
- Net Operating Income $39,660
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $2,020,000 | -3.6% | $569 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $2,095,000 | -- | $590 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,032 | $1,052,117 | $903,297 | $148,820 |
| 2024 | $14,032 | $1,031,488 | $885,586 | $145,902 |
| 2023 | $13,484 | $1,011,263 | $868,221 | $143,042 |
| 2022 | $12,957 | $991,435 | $851,197 | $140,238 |
| 2021 | $12,466 | $971,996 | $834,507 | $137,489 |
| 2020 | $12,290 | $962,030 | $825,950 | $136,080 |
| 2019 | $12,014 | $943,167 | $809,755 | $133,412 |
| 2018 | $11,768 | $924,674 | $793,877 | $130,797 |
| 2017 | $11,583 | $906,544 | $778,311 | $128,233 |
| 2016 | $11,351 | $888,769 | $763,050 | $125,719 |
| 2015 | $11,245 | $875,419 | $751,588 | $123,831 |
| 2014 | $11,004 | $858,271 | $736,865 | $121,406 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas C. Santoro
-
Nathan Allen
Seller Co-Listing Agent in 2025
Nathan Allen
Crane Real Estate
(714) 871-8100
2 in this area
66 Total Sales
-
Heather Liwski
Buyer's Agent in 2025
Heather Liwski
Coldwell Banker Realty
(949) 661-9355
1 in this area
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24247282
APN: 139-296-06
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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
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