290 Walnut Street, Costa Mesa, CA 92627

$1,450,000 Asking Price

4 beds
2 baths
1,376  sqft
Built in 1952

Roll up your sleeves and get ready to restore and transform this Vintage 1950's duplex! It's located in the treasured lower Eastside Costa Mesa neighborhood, and it represents a solid income property OR an owner- occupied home opportunity that provides a dependable supplemental income flow. Each unit has two bedrooms and one bathroom, a quaint kitchen with washer / dryer hookups, sun-drenched living rooms- each looking out on to their respective front-yards, and extra deep, single-car garages. Nicely designed and placed on a corner-lot affords each unit to have a private, spacious side yard. The property is less than 3 miles to the Newport Beach Pier and Blackies Beach, about a half mile to the popular 17th Street Shopping District (grocery stores, coffee shops, and restaurants), and minutes to the 405 and 73 freeways. Those willing to take on a project will certainly reap the benefits of transforming this classic duplex into a home + income property. Of course, it will always be a great place to park assets as an investment property for a long term hold after the restoration is complete. This a wonderful combination of real estate options to consider in today's world. Plan on seeing and considering it soon.

Features & Amenities

Interior

Laundry:
Kitchen
Flooring:
Carpet,Linoleum/Vinyl,Wood
A/C:
N/K
Heating:
Floor Furnace,Wall/Gravity
Fireplace:
N/K
Disability Feature:
No Interior Steps

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

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

Lot

Topography:
Level
Zoning:
42628314
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Pacific Coast Realty Group, Jeff McConville

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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