Costa Mesa Fourplex Investment
For Sale
$2,250,000
2940 Peppertree, Costa Mesa, CA 92626
Four-unit property in Costa Mesa's Mesa Verde neighborhood.
Property SizeContact for details
Days on Market196
Property Features for 2940 Peppertree
General Information
Standard status
Active
Property subtype
Multi-family
Building Details
Year Built
1960
Listing Agency:
Seven Gables Real Estate (949-233-5574)
(949) 233-5574
Listed By:
John Kelly · License #01232969
(949) 233-5574
Source:
Sevengables
Added: Feb 16
Changed: Aug 27
Last Checked: Aug 30 at 6:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seven Gables Real Estate (949-233-5574)
Investment Insights
Based on property information with market context.
This four-unit property is located in the Mesa Verde neighborhood of Costa Mesa. The property includes two single-level residences and two upper units, offering a versatile layout. Each unit has a one-car garage, with additional street parking available. A spacious front yard with a grass lawn enhances curb appeal. The property is situated approximately five miles from the coast, providing access to destinations such as South Coast Plaza, Orange Coast College, the OC Fairgrounds, and Triangle Square. The property has a bike score of 77, indicating it is very bikeable, a walk score of 77, indicating it is very walkable, and a transit score of 45, indicating some transit options are available. This property offers a stable investment with significant upside potential and strong income potential.
Key Highlights
- Prime 4‑plex in the coveted Mesa Verde neighborhood of Costa Mesa.
- Strong income potential as an investment property.
- Four units with a versatile layout (two single level, two upper units) appealing to various tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,745
Businesses Nearby
Explore this area
Business Placement
Demographics for 92626, CA
50,885
Population
20,643
Households
2.5
Avg Household Size
37
Median Age
46%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
5,246
Density / Sq Mi
$117,627
Median Household Income
$55,920
Median Earnings
$2,520
Median Rent
$1,037,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property in Costa Mesa's Mesa Verde neighborhood.
Where is this quadplex located?
The property is located at 2940 Peppertree Costa Mesa, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime 4‑plex in the coveted Mesa Verde neighborhood of Costa Mesa.; Strong income potential as an investment property.; Four units with a versatile layout (two single level, two upper units) appealing to various tenants.
