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Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$2,225,000

Est. payment - /mo

6,098 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Mesa Verde

MLS Listing ID OC26209367

Construction Status Turnkey

HOA Y/N No

Year Built 1960

Lot Size 6,098 Sqft

Property Sub-Type Quadruplex

Property Description

RARE INVESTMENT OPPORTUNITY IN HIGHLY DESIRABLE MESA VERDE!

Great opportunity to own a well-located 4-plex in the highly desirable Mesa Verde area. The property features spacious floor plan layouts, with each unit offering 2 bedrooms and 1 bathroom. The living rooms open to the dining areas and kitchens, with ceiling fans in the dining rooms and bedrooms.

Several units have been upgraded, including one unit that is completely furnished. Interior finishes and amenities vary by unit. Some units feature dishwashers and washer/dryer hookups in the kitchen, while others do not. Flooring includes carpeting, with two downstairs units featuring laminate flooring. Some interiors have also been freshly painted within the past year.

The roof is approximately 10 years old, and the property features newer dual-pane windows throughout, approximately 1 year old. The buildings' exteriors were painted about 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. Newer roll-up garage doors provide an additional update to the property. Great curb appeal, pride of landlord ownership.

Great location near shopping, dining, transportation, and other everyday conveniences, adding to the property's appeal for both investors and tenants. Quiet Mesa Verde community.

ADDITIONAL INVESTMENT OPPORTUNITY: The adjacent 4-plex at 2902 Peppertree is also available for purchase under a separate MLS listing, providing a potential opportunity to acquire both properties.

Location

State CA

County Orange

Area C1 - Mesa Verde

Interior

Interior Features Laminate Counters

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Electric Range, Disposal, Water Heater

Laundry None

Exterior

Parking Features Garage, Paved

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Wood

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition,Flat

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 13929611

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange

Special Listing Condition Standard, Trust, No Smoking

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Listed by Sally Roldan ehomes 714-453-8279, DRE #02095511

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2904 Peppertree LN Costa Mesa, CA 92626