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Costa Mesa Fourplex Investment Opportunity

2940 Peppertree, Costa Mesa, CA 92626

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For Sale

$2,300,000

Four-unit property in Costa Mesa's Mesa Verde neighborhood.

Type:Investment

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.
Each unit includes a one‑car garage.
Excellent location: 5 miles from the coast and close to South Coast Plaza, Orange Coast College, and other key destinations.
High walkability and bikeability scores (77 each).

We can help!

Listing Contact

John Kelly

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For Sale

$2,300,000

Four-unit property in Costa Mesa's Mesa Verde neighborhood.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 51
Last Refresh:: Apr 24 at 5:55 pm

Property Features for 2940 Peppertree

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1960

We can help!

Listing Contact

John Kelly

Listing agent John Kelly License #01232969

Listing office House of Seven Gables Real Estate Inc.

Listing date Apr 24, 2026

Source Elliman

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 House of Seven Gables Real Estate Inc.

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.
Each unit includes a one‑car garage.
Excellent location: 5 miles from the coast and close to South Coast Plaza, Orange Coast College, and other key destinations.
High walkability and bikeability scores (77 each).

Overview

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.

Location Intelligence

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Quadplexes

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Local Demand

City: Costa Mesa
County: Orange
State: California
Longitude: -117.9208649
Latitude: 33.6779493

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For sale
Quadplexes
CA
Costa Mesa
92626
2940 Peppertree

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 $2,300,000.

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.