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Key Details
Sold Price $2,632,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside Heights (Ehcm)
MLS Listing ID NP25016878
Sold Date 04/14/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction Santa Ana Ave to Palmer
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 42516206
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with NONE NONE None MRML
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