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246 Walnut Street

  • Costa Mesa, CA
  • $2,349,000

OFFERING MEMORANDUM

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ABOUT

3-Unit Costa Mesa Multifamily
We are pleased to present the sale of 246 Walnut Street, a 3-unit multifamily property located in the City of Costa Mesa. This pride of ownership property features a favorable mix of units with (2) 2 bedroom / 1 bathroom units and (1) 1 bedroom / 1 bathroom unit. Each bungalow is detached from one another and have been nicely remodeled boasting laminate flooring, quartz countertops, white cabinetry, stainless steel appliances, dual pane windows, and recessed lighting. The property sits on an oversized lot measuring approximately 11,761 SF and two of the units had a new roofs installed in 2023. Tenants enjoy close proximity to beaches, parks, The Triangle, and all the amenities 17th Street has to offer! This is a rare opportunity to acquire a highly upgraded asset in one of the most desirable rental markets, Eastside Costa Mesa!
We are pleased to present the sale of 246 Walnut Street, a 3-unit multifamily property located in the City of Costa Mesa. This pride of ownership property features a favorable mix of units with (2) 2 bedroom / 1 bathroom units and (1) 1 bedroom / 1 bathroom unit. Each bungalow is detached from one another and have been nicely remodeled boasting laminate flooring, quartz countertops, white cabinetry, stainless steel appliances, dual pane windows, and recessed lighting. The property sits on an oversized lot measuring approximately 11,761 SF and two of the units had a new roofs installed in 2023. Tenants enjoy close proximity to beaches, parks, The Triangle, and all the amenities 17th Street has to offer! This is a rare opportunity to acquire a highly upgraded asset in one of the most desirable rental markets, Eastside Costa Mesa!
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3

3

Units

11,761

11,761

Lot SF

2,277

2,277

Total Residence SF

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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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Chris Maddy

EM

Chris Maddy

01946797

Chris's exceptional sales and customer service earned him a loyal client base and respect from associates.

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Phone
949.294.5408
Tim Carr

EM

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