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2940 PeppertreeCosta Mesa, CA 92626

For Sale

$2,300,000

Smart Buyer Rebate $23,000

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.

Listed by John Kelly

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License #01232969

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Seven Gables Real Estate

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949-233-5574

Last updated April 02, 2026

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Source: CRMLS #OC26065926

Listing Facts

  • TypeMulti-family
  • NeighborhoodMesa Verde
  • Days on Prevu30

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

04/01/2026
Listed by Seven Gables Real Estate
$2,300,000

Property Details for 2940 Peppertree

Association

Amenities

  • Community Features: Curbs, Street Lights, Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Composition, Flat
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1960
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 3,551
  • Building Area Units: Square Feet
  • Lot Features: Front Yard, Level, Rectangular Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,098
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,098
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.2
  • Gross Income: $1.00
  • Operating Expense: $35,264.00

Taxes

  • Parcel Number: 13920320

Interior

Features

  • Appliances: Dishwasher, Disposal, Water Heater

Other

Location

  • Subdivision Name: Mesa Verde By Dike/Colegrove (MTDC)
  • Tax Lot: 18

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Door-Single, Driveway, Garage
  • Parking Total: 8

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2940 Peppertree.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 2940 Peppertree.

How does 2940 Peppertree compare to other multi-family homes in Mesa Verde?

This multi-family home is listed 4% above the average price for multi-family homes in Mesa Verde and has been on the market for 4 less days than the typical home in this area.

2940 Peppertree is a -bedroom multi-family home for sale in Costa Mesa CA 92626. Listed on Prevu for 30 days at $2,300,000. This residence is located in Mesa Verde. The median listing price for multi-family homes in this area is $2,250,000. Property amenities include dishwasher and parking. Browse more multi-family home listings in Orange County.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.