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Costa Mesa, CA 92627,274 Palmer ST
Costa Mesa, CA 92627,274 Palmer ST
Costa Mesa, CA 92627,274 Palmer ST
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$2,995,000
Est. payment /mo
7,705 Sqft Lot
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UPDATED:

02/14/2025 10:45 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Eastside Heights (Ehcm)

MLS Listing ID NP25016878

HOA Y/N No

Year Built 1955

Lot Size 7,705 Sqft

Property Sub-Type Duplex

Property Description

PRICE REDUCED $155K! 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

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Timothy Carr • Pacific Sotheby's Int'l Realty • 949-631-9999
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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274 Palmer ST