252 Walnut Street

Costa Mesa, CA 92627

$2,000,000
Last Sold Price
4
Beds
4
Baths
1,900 Sq. Ft.
$1,053 / Sq. Ft.
1,900
Sq. Ft.
$1,053
per Sq. Ft.

Description

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...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.
  1. Listed by Lisa Mullen • DRE #00969358 • Brokerage DRE #00969358 • California Group Real Estate • 949-412-5850

Property Details for 252 Walnut Street

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1900
LISTING UPDATED: 12/12/2024 03:07 AM

Property Details for 252 Walnut Street

StatusClosed
MLS #OC24176259
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1956
Lot Size0.15 AC / 6,534 SF
CountyOrange County

Building Information for 252 Walnut Street

Stories1Residences-Year Built1956Building Size-Lot Size0.15 AC / 6,534 SF

Property Information for 252 Walnut Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $114,000
  • Net Operating Income: $108,200
  • Financing: Cash to Loan
Expense Details
  • Operating Expense: $5,800
  • Gardener Expense: $1,450
  • Insurance Expense: $1,125
  • Trash Expense: $975
  • Water Sewer Expense: $2,250
  • Total Expenses: $5,800
Tax / Assessment Info
  • Tax Tract Number: 767
  • Tax Census Tract: 632.02
  • CFD/Mello-Roos Fee: $1,999
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Tankless Water Heater
  • Equipment: Dishwasher, In Closet, Other, Outside
  • Room Type: All Bedrooms Down, Main Floor Primary Bedroom
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Laundry Location: Laundry Room, Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: front porch
  • Structure Type: Triplex
  • Other Structures: Second Garage Detached
  • Property Condition: Additions/Alterations
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Corner Lot
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 3
  • Number With Patio: 3
  • Number Wall AC: 3

Property History for 252 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 252 Walnut Street

Taxable ValueLand$48,131Additions$37,810Total$85,941
Tax Record2024$3,141 ($262 / month)
Home Facts
Total Finished SqFt1,738 SqFtAbove Grade Finished SqFt1,738 SqFtLot Size6,381 SqFtStyleTriplexYear Built1956CountyORANGEAPN426-283-24

Schools near 252 Walnut Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 2

Heinz Kaiser Elementary School
Public3 to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of California Group Real Estate, Lisa Mullen, DRE #00969358

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.