6,969 Sqft Lot
6,969 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Mesa Verde
MLS Listing ID OC26209314
Construction Status Turnkey
HOA Y/N No
Year Built 1960
Lot Size 6,969 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Orange
Area C1 - Mesa Verde
Interior
Interior Features Ceiling Fan(s), Laminate Counters
Heating Wall Furnace
Cooling None
Flooring Concrete, Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Disposal, Range Hood, Water Heater
Laundry Common Area
Exterior
Parking Features Assigned, 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 13929612
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard, Trust, No Smoking
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