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Key Details
Sold Price $2,632,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,509 sqft
Price per Sqft $1,049
Subdivision Eastside Heights
MLS Listing ID NP-25016878
Sold Date 04/14/25
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
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 2.0
Pool None
Community Features Biking, Curbs, Sidewalks, Street Lights
Building
Lot Description Front Yard, Lot 6500-9999, Sprinkler System
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900