252 Walnut Street Costa Mesa, CA $ 2,199,900
252 Walnut Street
$ 2,199,900
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252 Walnut Street

Costa Mesa, CA, 92627
$ 2,199,900
Bedrooms4 Baths1.0 Sq 1,900

Monthly Estimate*

$ 13,175

Listed by California Group Real Estate
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Multi-Family Home for sale in Costa Mesa, CA

for $2,199,900 with 4 bedrooms and 1 full bath. This 1,900 square foot home was built in 1956 on a lot size of 0.15.

Prime corner lot location!! This Eastside triplex has been owned and cared for by the same couple for over 50 years! What a great opportunity for you to live in and enjoy the charming front cottage (2br/2ba) while generating income from the back duplex units (each 1br/1ba). Or perhaps this triplex is where your multi-generational/expanded family can all live close together, but also separately in each unit. Or perhaps this is your investment opportunity to buy and rent out all three desirable Eastside units...Whatever YOUR perfect scenario is, there are great features here. You will have ample parking: a 4 car garage (comprised of two separate & enclosed 2-car garages) and a full driveway, provide a total of 6 parking spots. All of the units have separate and gated back yard spaces, great for gatherings and pets. Nearly all of the windows in ALL of the cottages have been replaced in dual pane. Tankless water heaters were installed and termite clearance has already been completed. The sellers expanded the front 2br/2ba cottage and enclosed the front entry porch years ago, which adds to the square footage noted on the assessor's records. This expansion enlarged the primary bedroom which now boasts two closets, a sitting area, an en suite full bathroom and sliding doors that open to a quaint side patio. The front cottage feels very open and light with white plank ceilings, skylights and plenty of windows to bring the outdoors in. Tall fencing and lush, mature landscaping surround all of the units, providing each cottage with plenty of privacy. Both back duplex units have been updated with plank vinyl flooring and upgraded bathrooms and kitchens with stylish counters, cabinets, backsplashes and sinks. There are two outdoor laundry areas: One for the front cottage and the other for Units 252A & 252B to share. All units have been well maintained and upgraded throughout the years. Truly a unique offering in Eastside Costa Mesa.

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Multi-Family Active

Price

$ 2,199,900

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.15

Year Built

1956

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC24175928

Days on Market

28

Features
General
Interior Features AllBedroomsDown BedroomonMainLevel
Sewer PublicSewer
Cooling WallWindowUnits
Possession SeeRemarks
Appliances Dishwasher GasRange TanklessWaterHeater
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1956
Stories 1
Levels One
Property SubType Triplex
Gross Income 0.0
Community Features Curbs Sidewalks
County Orange
Net Operating Income 63800.0
Operating Expense 5800.0
Insurance Expense 1125.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Subdivision Name other
Garage Y/N Y
Other Structures SecondGarage
Special Listing Conditions Trust
Status ActiveUnderContract
Directions 19th St to Orange Ave to Walnut St
City Costa Mesa
Entry Location front porch
View Y/N N
Senior Community Y/N N
Open Parking Spaces 2.0
NumberOfUnitsTotal 3
MLS Area C5 - East Costa Mesa
Lot Size Units SquareFeet
Lot Size Square Feet 6534.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms CashtoNewLoan Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Property Condition AdditionsAlterations
Trash Expense 975.0
Water Sewer Expense 2250.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 16
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Triplex
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Exterior
Lot Features CornerLot
Water Source Public
Total Parking 6.0
Lot Size Area 6534.0
Number of Buildings 3
Spa N
Building Area Total 1900.0
Lot Size Acres 0.15
Lot Size Source Estimated
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Laundry Features LaundryCloset Outside SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 252
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* Excluded Features
List By
California Group Real Estate

Broker

(949) 412-5850

Phone

Affordability Calculator

$13,175
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,175
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2024$2,199,900 Listed Price

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252 Walnut Street, Costa Mesa, CA, 92627 is a Multi-Family Home for sale at $2,199,900 with 1,900 sqft and a lot size of 0.15. 252 Walnut Street has 4 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 92627 which is in Costa Mesa, CA