$2,632,500
$2,849,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
274 Palmer ST Costa Mesa, CA 92627
7,705 Sqft Lot
Key Details
Sold Price $2,632,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside Heights (Ehcm)
MLS Listing ID NP25016878
Sold Date 04/14/25
HOA Y/N No
Year Built 1955
Lot Size 7,705 Sqft
Property Sub-Type Duplex
Property Description
PRICE REDUCED $300K+! We are pleased to present 274 Palmer Street, a 3-unit multifamily offering in a prime Eastside Costa Mesa location. The detached front house is comprised of 3 bedrooms along with 2 bathrooms, and features wood flooring, central air conditioning, and a private yard space. The other units include a 2 bedroom, 2 bath upper apartment over the 2-car garage and a studio (currently non-conforming). This property presents an attractive opportunity for either an investor interested in growing their portfolio or an owner-user looking to live in a unit while generating strong income from the other units. Buyers will be happy to know that a new roof was installed in 2023. This asset is located in one of the most desirable rental markets in Orange County and offers homeowners as well as tenants close proximity to top rated schools, beaches, parks, and all the amenities 17th Street has to offer. This is one investment opportunity you do not want to miss!
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Interior Features Granite Counters, Recessed Lighting
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Type Family Room
Fireplace Yes
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42516206
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with NONE NONE • None MRML