264 Walnut Street, Costa Mesa, CA 92627

$1,795,000 Asking Price

3 beds
2 baths
1,484  sqft
Built in 1947

Exciting Eastside Costa Mesa Opportunity! Discover the charm of this Eastside Costa Mesa property located on the desirable, tree-lined street of Walnut. This unique offering features a classic front cottage and a separate, newly built ADU, offering endless possibilities for living, renting, or investing. Main Cottage Highlights: Original hardwood floors that exude timeless character with 2 cozy bedrooms and 1 bathroom, large wrap-around yard for entertaining or relaxation and a separate laundry room inside off of the kitchen. Great 1-car garage for added convenience and a long driveway for extra parking. Newly Built ADU Features: 1 bedroom, 1 bathroom, and private entrance off the back alley. Modern luxury vinyl plank flooring and air conditioning, solar, and interior laundry in the ADU. A spacious grassy yard and a long driveway for ample parking. The properties are separated by a white vinyl fence, creating privacy. However, this can be easily removed to combine both spaces into a single-family home if desired. With a total of 1,484 square feet (944 sq. ft. main home + 540 sq. ft. ADU), this property is perfect for: A starter home with income potential by renting one unit, multigenerational living with separate spaces, an investment opportunity in a highly sought-after location. Don't miss out on this rare find in the heart of Eastside Costa Mesa! Floor plan located in the supplements.

Features & Amenities

Interior

Laundry:
Laundry Room,Inside
Flooring:
Carpet,Laminate,Wood
A/C:
Central Forced Air
Heating:
Wall/Gravity, Electric
Fireplace:
N/K

Exterior

Pool:
N/K
Parking:
Driveway, Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
42628321
View:
Neighborhood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Compass, Annie Clougherty

About Costa Mesa, CA

Housing

Number of Units
45,042
Median Home Value
$809,752
Median Rent
$1,846

61.00% of housing units are renter occupied.

4.85% are vacant.

Commute

Car
56.06%
Public Transportation
1.19%
Walk to Work
1.72%
Work from Home
38.54%
Other
1.26%

The median travel time to work is 15 minutes.

People

Population
114,013
Median Age
36.10
Median Household Size
2.84

Education

High School
17.45%
Associate’s Degree
6.49%
Bachelor’s Degree
29.44%
Graduate Degree
13.20%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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