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274 Palmer

  • Costa Mesa, CA
  • $3,150,000

OFFERING MEMORANDUM 

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ABOUT

Prime 3-unit Multifamily in Costa Mesa
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!
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!
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1955

1955

Year Built

2,509

2,509

Sq.Ft.

Living Space

7,705

7,705

Sq.Ft.

Lot Size

2.0

2.0

Garage Spaces

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Explore

Costa Mesa

The center of the region’s dynamic art, entertainment, fashion, and food scene.

Welcome to Costa Mesa

Costa Mesa is one of the most exciting and eclectic cities in coastal Orange County, and is the center of the region’s dynamic art, entertainment, fashion and food scene. Eastside Costa Mesa, on the border of Newport Beach, is an especially sought-after community for both first-time homebuyers and those seeking to remodel – or purchase – appealing ranch-style homes on wide, tree-lined streets.
 
Eastside Costa Mesa also boasts the city’s popular shopping and dining promenade, 17th Street. In addition to top-rated public and private schools, Costa Mesa also offers stone’s-throw proximity to the beach, John Wayne Airport, all freeways and the world-class shopping and entertainment of the South Coast Metro district, including South Coast Plaza and Segerstrom Center for the Arts.
Welcome to Costa Mesa Costa Mesa is one of the most exciting and eclectic cities in coastal Orange County, and is the center of the region’s dynamic art, entertainment, fashion and food scene. Eastside Costa Mesa, on the border of Newport Beach, is an especially sought-after community for both first-time homebuyers and those seeking to remodel – or purchase – appealing ranch-style homes on wide, tree-lined streets.   Eastside Costa Mesa also boasts the city’s popular shopping and dining promenade, 17th Street. In addition to top-rated public and private schools, Costa Mesa also offers stone’s-throw proximity to the beach, John Wayne Airport, all freeways and the world-class shopping and entertainment of the South Coast Metro district, including South Coast Plaza and Segerstrom Center for the Arts.
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Tim Carr

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Tim Carr

Broker-Associate

01017277

With prolific dedication to his clients and extensive industry knowledge, Pacific Sotheby's International Realty agent Tim Carr has stood as one of the top producers in the dynamic Orange County market for over three decades. Carr has been the leading force behind the operation of the most successful real estate firms in the region, including hi...

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timcarrgroup.com
Phone
949.631.9999