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$2,300,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 hours ago
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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.

Full Property Details for 2940 Peppertree

General

  • Price: $2,300,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26065926
  • Updated: 4/2/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Water Heater, Disposal, Dishwasher

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Garage (Single Door), Driveway
  • Parking: Garage (Single Door), Driveway

Location

  • Area: C1 - Mesa Verde
  • County: Orange
  • Development Name: C1 - Mesa Verde
  • Driving Directions: Adams to Royal Palm to Peppertree
  • Direction Faces: West

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Roof: Composition, Flat
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,551
  • Year Built: 1960

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size Source: Assessor
  • Lot Description: Rectangular Lot, Level, Front Yard

Financial Considerations

  • Price Per Sq. Ft.: $647.7
  • Price Per Unit: 575000

Listed by Seven Gables Real Estate, John Kelly

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Listing agent

— 2940 Peppertree —

  • John Kelly

    Seven Gables Real Estate

949-233-5574

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2940 Peppertree

School District:Newport-Mesa Unified School District
NameGradesDistance
California Elementary School, Costa Mesa, CA
3232 CA Ave., Costa Mesa, CA 92626
K-60.8 mi
Charles W. Tewinkle Middle School
3224 CA Ave., Costa Mesa, CA 92626
7-80.7 mi
Estancia High School
2323 Placentia Avenue, Costa Mesa, CA 92627
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2940 Peppertree Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$2,300,000
447.62%
MLS
6/08/1989
Sold
$420,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2940 Peppertree

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,594
3%
$780,437
2%
2024
$11,229
4%
$765,135
2%
2023
$10,746
5%
$750,133
2%
2022
$10,264
4%
$735,425
2%
2021
$9,826
2%
$721,005
1%
2020
$9,675
2%
$713,612
2%
2019
$9,454
2%
$699,620
2%
2018
$9,259
2%
$685,902
2%
2017
$9,118
2%
$672,453
2%
2016
$8,942
1%
$659,268
2%
2015
$8,859
2%
$649,366
2%
2014
$8,674
1%
$636,646
—
2013
$8,615
—
$633,769
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Seven Gables Real Estate, John Kelly

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2940 Peppertree, Costa Mesa, CA 92626 (MLS# OC26065926) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2940 Peppertree is currently listed for $2,300,000 and was received on April 01, 2026. Want to learn more about 2940 Peppertree? Do you have questions about finding other Multi-Family real estate for sale in Costa Mesa? You can browse all Costa Mesa real estate or contact a Coldwell Banker agent to request more information.

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