2902 Peppertree Lane

Costa Mesa, CA 92626

$900,000
Last Sold Price
10
Beds
8
Baths
6,827 Sq. Ft.
$132 / Sq. Ft.
6,827
Sq. Ft.
$132
per Sq. Ft.

Description

This 4-PLEX can be sold alone or with its neighbor, 2904 PEPPERTREE. Newly painted, clean property in a quiet residential neighborhood. Unit A recently renovated. New stairway ordered. Projected Rents could all be $1,250. Gross Scheduled Income based on Projected Rent. Expenses are estimated. PLEASE Do Not Disturb or Talk to Tenants!This 4-PLEX can be sold alone or with its neighbor, 2904 PEPPERTREE. Newly painted, clean property in a quiet residential neighborhood. Unit A recently renovated. New stairway ordered. Projected Rents could all be $1,250. Gross Scheduled Income based on Projected Rent. Expenses are estimated. PLEASE Do Not Disturb or Talk to Tenants!
  1. Listed by Bob Walz • DRE #00640512 • New Dimension Investment Prop

Property Details for 2902 Peppertree Lane

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Lot Size Source
Estimated
Living Area
6827
Assessor Parcel Number
139-296-12
Building Area Total
6827
Fireplace
No

Location

Listing Courtesy of New Dimension Investment Prop, Bob Walz, DRE #00640512

Sold By New Dimension Investment Prop., Bob Walz, DRE #00640512

Add your commute
LISTING UPDATED: 01/07/2013 03:25 PM

Property Details for 2902 Peppertree Lane

StatusClosed
MLS #P423685
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.16 AC / 6,827 SF
CountyOrange County

Location

Listing Courtesy of New Dimension Investment Prop, Bob Walz, DRE #00640512

Sold By New Dimension Investment Prop., Bob Walz, DRE #00640512

Add your commute

Building Information for 2902 Peppertree Lane

Stories2Residences-Year Built1960Building Size-Lot Size0.16 AC / 6,827 SF

Payment Calculator

$6,109 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$1,197

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2902 Peppertree Lane

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $4,100
  • Gross Scheduled Income: $60,000
  • Vacancy Allowance: 1200
  • Vacancy Allowance Rate: 2
  • Net Operating Income: $41,063
  • Gross Multiplier: 15.98
  • Cap Rate: 4.28
  • Sold Cap Rate: 4.56
  • Financing: Conventional
Expense Details
  • Operating Expense: $17,737
  • Operating Expense Percent: 30.00%
  • New Taxes Expense: $10,533
  • Gardener Expense: $420
  • Cable TV Expense: $0
  • Licenses Expense: $70
  • Pest Control Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Maintenance Expense: $3,000
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $664
  • Water Sewer Expense: $1,050
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Tract Number: 02822
  • Tax Lot: /5
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Appliances: Built-In, Disposal
  • Laundry: No
  • Flooring: Carpet
Exterior Features
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Roof: Composition
Land/Lot Info
  • Number Of Units: 4
  • Levels: Two
  • Water: District
  • Sewer: In Connected and Paid
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: No
  • Parking Garage: Parking Space
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Parking Space, See Remarks
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $5,000
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4

Property History for 2902 Peppertree Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2902 Peppertree Lane

Taxable ValueLand$1,060,824Additions$144,980Total$1,205,804
Tax Record2023$14,366 ($1,197 / month)
Home Facts
Total Finished SqFt3,551 SqFtAbove Grade Finished SqFt3,551 SqFtStories2Lot Size6,777 SqFtStyleQuadraplexYear Built1960CountyORANGEAPN139-296-12

Schools near 2902 Peppertree Lane

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
California Elementary School
PublicK to 6

Charles W. Tewinkle Middle School
Public7 to 8

Estancia High School
Public9 to 12

Early College High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Dimension Investment Prop, Bob Walz, DRE #00640512

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.