$2,225,000
2904 Peppertree LaneCosta Mesa, CA 92626Mesa Verde
The home
About 2902 Peppertree Lane
Prime Mesa Verde Location – Income-Producing 4-Plex
Great opportunity to own a well-located 4-plex in the highly desirable Mesa Verde area. The property offers spacious floor plan layouts, with each unit featuring 2 bedrooms and 1 bathroom. Living rooms open to dining areas and kitchens, with ceiling fans in the dining rooms and bedrooms.
Unit amenities and finishes vary. Some units feature dishwashers and washer/dryer hookups in the kitchens, while others do not. Flooring varies by unit, including carpeting and laminate flooring. Several interiors have been upgraded and/or freshly painted within the past year. One downstairs unit features a spacious side yard with a block wall and patio slab.
The roof is approximately 10 years old. The exterior of the buildings was painted approximately 2 years ago, and dual-pane windows were installed approximately 1 year ago. The rear of the property was renovated approximately 5 years ago and features cement driveways and additional parking. Tenants also have access to additional street parking along the single-loaded street. Great curb appeal, pride of landlord ownership.
A community coin-operated laundry room is located in one of the garages, providing an additional tenant amenity.
Conveniently located near shopping, dining, transportation, and other everyday amenities, this is an attractive investment opportunity in a desirable, quiet Costa Mesa neighborhood.
Additional Investment Opportunity: The adjacent 4-plex at 2904 Peppertree Lane is also available for purchase under a separate MLS listing, offering a potential opportunity to acquire both properties.
Property details for 2902 Peppertree Lane
This fourplex sits in the Mesa Verde neighborhood of Costa Mesa in Orange County. It offers 3,550 square feet of living space and is listed at $2,175,000, about $613 per square foot. The home was built in 1960. The MLS record lists the assessor parcel number as 139-296-12. Highlights include a four-car garage and a turnkey home. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,175,000
- Days On Site
- 6 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,550 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1960
- MLS® Number
- OC26209314
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Quadruplex
- MLS Number
- OC26209314
- Year Built
- 1960
- Lot Size (sq ft)
- 6,970
- Lot Size (acres)
- 0.16
- Levels
- Two
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- None
- Parcel Number
- 13929612
- On Market Date
- 2026-09-27
- Listing Terms
- Standard, Trust, No Smoking
Interior Features
- Interior Features
- Ceiling Fans, Laminate Counters
- Appliances
- Dishwasher, Electric Range, Disposal, Range Hood, Water Heater
- Flooring
- Concrete, Tile, Vinyl
- Heating
- Wall Furnace
- Cooling
- None
- Fireplace
- None
- Laundry
- Common Area
- Entry Level
- 1
- Common Walls
- One Common Wall
- Windows
- Double Pane Windows
- Rooms
- Primary Bedroom, Kitchen, Living Room
Exterior Features
- Roof
- Composition, Flat
- Construction
- Stucco, Wood Siding
- Lot Features
- Two To Five Units Acre
- Parking
- Assigned, Garage, Paved
- Fencing
- Block, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Turnkey
- Units
- 4
Community Features
- Subdivision
- Mesa Verde
- Community Features
- Street Lights, Sidewalks
The record
Property History for 2902 Peppertree Lane
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 27, 2026 | Listed for sale | $2,175,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$16,688/mo
10% down · 30-year fixed · $217,500 down
Principal & interest$13,063
Mortgage insurance (est., over 80% LTV)$816
Property tax (est. 1.2%)$2,175
Home insurance (rough est., varies widely)$634
HOANot reported, not included
$14,420/mo
20% down · 30-year fixed · $435,000 down
Principal & interest$11,611
Property tax (est. 1.2%)$2,175
Home insurance (rough est., varies widely)$634
HOANot reported, not included
$12,969/mo
30% down · 30-year fixed · $652,500 down
Principal & interest$10,160
Property tax (est. 1.2%)$2,175
Home insurance (rough est., varies widely)$634
HOANot reported, not included
Estimated carrying cost
$2,809/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.2%)$2,175
Home insurance (rough est., varies widely)$634
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Costa Mesa rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 2902 Peppertree Lane
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The neighborhood
About Costa Mesa
Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.
Location
Location
Photographs
Photos of 2902 Peppertree Lane, Costa Mesa
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Listed by Sally Roldan of ehomes
Listing information updated Sep 28, 2026 at 4:48 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.