$3,150,000
For Sale

274 Palmer Street

Costa Mesa, CA 92627
0.18 acres | #NP25016878
Listing OfficePacific Sotheby's Int'l Realty
Browse 44 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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!

  • Property Details
      • InteriorGraniteCounters, RecessedLighting
      • Lot DescriptionFrontYard, SprinklerSystem
      • SubdivisionEastside Heights (EHCM)
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$3,150,000
      • MLS #NP25016878
      • MLS #NP25016878
      • Cost3150000
      • Acres0.1769
      • Utility SourcePublic
      • CountyOrange
      • Property SubtypeDuplex
      • Year Built1955
      • Stories2
      • Parking Spaces2

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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