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About This Home

This 8-bedroom, 4-bathroom multi-family at 2940 Peppertree in Costa Mesa, CA is listed for $2,300,000 ($648 per sqft). Built in 1960, the home offers 3,551 sqft of living space on a 0.14 acres lot.

Agent Description

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. Call John Kelly for information (949) 233-5574

Key Features

  • Built in 1960
  • 0.14 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
4 full
8 spaces
1960

Monthly Cost Estimate

$12,301/mo

20% down · 6.5% · 30 years

Principal$1,663
Interest$9,967
Insurance$671

Estimates only. Actual payments may vary.

Location

2940 Peppertree

Costa Mesa, CA 92626

Mesa Verde by Dike/Colegrove (MTDC)

Features & Amenities

Interior Features

Carbon Monoxide Detector(s)

Exterior Features

Community Features Included: CurbsStreet LightsSidewalksSuburbanRectangular LotLevelFront Yard

Property Details

Parking

DrivewayGarage

Appliances

DishwasherGarbage DisposerWasher

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 2940 Peppertree is listed at $2,300,000 ($648/sqft). The estimated monthly payment is $9,967 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.14 acre lot, 2 stories, 8 parking spaces. Interior Features: Carbon Monoxide Detector(s). Exterior Features: Community Features Included: Curbs, Street Lights, Sidewalks.

This property is listed by John Kelly and can be reached at 9492335574 or JohnKelly@CostaMesaLiving.com.

JK

John Kelly

Agent at Seven Gables Real Estate

(949) 233-5574

Listed by Seven Gables Real Estate · View on Broker Site

MLS# OC26065926· Source: listhub· Updated 61 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2940 Peppertree, Costa Mesa, CA 92626

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