NOT LISTED FOR SALE

2928 Peppertree Ln Costa Mesa, CA 92626

Mesa Verde Neighborhood
8 Beds
4 Baths
3,550 Sq Ft
6,098 Sq Ft Lot

Last Sold March 04, 2016

Last sale price $1,233,500 $347 Per Sq Ft

24 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Laundry Room
  • California Elementary School Rated A
  • Living Room
  • Ceiling Fan

About This Home

As of March 2016

Welcome to 2928 Peppertree Lane in the Beautiful City of Costa Mesa. This Unique Investment Opportunity offers (4)Two Bedroom One Bathroom Units that Boast Approximately 900 Square Feet of Living Space. The Exterior of the Property Features Mature Trees, Manicured Landscape, New Dual Pane Windows, Recently Completed Paint, and (4) Single Car Garage Spaces with Updated Aluminum Garage Doors. Upon Entering the Units you will find an Inviting Open Floor Plan, Elegant Laminate Flooring (one unit only) Spacious Bedrooms with Ample Amount of Closet Space, Sizable Bathroom and Indoor Laundry. This Property is Located in the Heart of Costa Mesa and is in Close Proximity to South Coast Plaza, Triangle Square, Orange Coast College, along with Additional Restaurants, and Retail Establishments. Given the Recent Renovations that have been Completed, the Potential that Remains is Outstanding. Don't miss out on this Rare Opportunity!

Last Agent to Sell the Property

TROY GORDON

PRW LENDING INC License #01808387 Listed on: 01/08/2016

Last Buyer's Agent

Gregg Horvath

R L M Equities License #01007015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,550 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Wood Flooring
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Source of electricity is unknown

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 15
  • Tax Tract Number 2822
  • Assessor Parcel Number 13929602

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $166
  • Water Sewer Expense $100
  • New Taxes Expense $12,746
  • Gross Income $4,050
  • Net Operating Income $32,662

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 13929602
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 347.46
  • Room Type: Living Room
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved, Near Public Transit
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 202.28
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 4050.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 166.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 32662.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15938.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12746.00
  • Tax Lot: 15
  • Tax Tract Number: 2822

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $1,233,500 +2.8% $347 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $1,199,900 -- $338 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    TROY GORDON

    PRW LENDING INC

    (626) 201-7010

    24 Total Sales

    TROY GORDON
    Section Image
  • Gregg Horvath

    Buyer's Agent in 2016

    Gregg Horvath

    R L M Equities

    (714) 290-0298

    20 Total Sales

    Gregg Horvath
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16014771

California Regional Multiple Listing Service (CRMLS)

APN: 139-296-02

California Orange County Costa Mesa 92626 Mesa Verde

2928 Peppertree Ln, Costa Mesa, CA

This home is located at 2928 Peppertree Ln, Costa Mesa, CA 92626 since 08 January 2016. This property was built in 1960. 2928 Peppertree Ln is a home located in Orange County with nearby schools including California Elementary School, Charles W. Tewinkle Middle School, and Estancia High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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