10 days on rocket

246 Walnut St, Costa Mesa, CA, 92627

$2,349,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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246 Walnut St, Costa Mesa$2,349,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage1 space
Year Built1937
CoolingNone
ViewNone
MLS #NP24079969
Lot Size0.27 Acres
StatusActive

About 246 Walnut St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 1

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: (949) 294-5408
  • Listing Agent: Christopher Maddy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s), Quartz Counters

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Sprinklers
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Heinz Kaiser Elementary School, Public District Grades 3-6

Other

Directions Information:

  • Directions: Corner of Walnut and Westminster

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,349,000

Tax Information:

  • Annual Amount: $10,992
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Costa Mesa, CA.

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Costa Mesa, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$730

Avg. Days On Market

29

# of Sold Homes

49

246 Walnut St vs Costa Mesa

10 DAYS ON ROCKET

-19 Days

$2,349,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Costa Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24079969

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: (949) 294-5408
  • Listing Agent: Christopher Maddy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2014Home Sold
$818,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,992$908,242
2020$10,844$898,930
2019$10,109$881,304
2018$10,110$864,024
2017$9,942$1,077,618

History based on county public records data.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,109

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6115952
7
/10

  • Heinz Kaiser Elementary School

  • 2130 Santa Ana Ave

  • 0.51 miles

  • Public District Grades 3-6

Middle School

school-card-donut-6115953
7
/10

  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.60 miles

  • Public District Grades 7-8

High School

school-card-donut-6115954
7
/10

  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,119. Most Costa Mesa, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Costa Mesa›92627›246 Walnut St

This home is located at 246 Walnut St in Costa Mesa, CA and zip code 92627 in the Eastside Costa Mesa neighborhood. This home, which was built in 1937, sits on a 0.27 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $2,349,000.

In April 2024, from all listings sold in Costa Mesa, CA there were more than 20 sold above asking price, over 22 sold below and more than 7 were sold right at the asked price. The number of listings in Costa Mesa, CA increased by 1.4% between March 2024 and April 2024. Listings spent 29 days on the market in April 2024, and had a median list price of $1,300,014 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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