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Sold for $2,100,000
  • Listed by: LMB Enterprises • Larry Birnbaum • Contact: 714-655-8108
    Bought with: Casa Real Estate
    $2,100,000

    227 Palmer St, Costa Mesa, CA 92627

    2beds
    917sqft
    Single Family Residence
    Built in 1953
    7,654 Square Feet Lot
    $2,642,200 Zestimate®
    $2,290/sqft
    $4,417 Estimated rent

    Home value

    $2,642,200

    $2.25M - $3.20M

    $4,417/mo

    Zestimate® history
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    What's special

    Location, Location, Location! Attention all Developers, Investors, Contractors, and Homeowners looking for a remodel project or an opportunity to develop a brand new house on one of the best streets in Eastside Heights. Palmer Street is the very last street before Eastside Costa Mesa changes to Newport Beach. Just a short 1.5-mile walk or bike ride to the beach. This parcel has alley access from the rear, making it possible to use the entire front of the lot for the width of the home without a garage in front. There is currently an original 2 bedroom / 1 bathroom single-story home sitting on the lot. This 917 sf house can be reimagined and expanded if the new Owner would like to redesign the existing property. The lot is zoned as "R2MD" which allows 2 units to be built on the property. Depending on the configuration, there may also be the potential for an additional "ADU" unit. The dimensions of the lot are 60' wide x 127.57' deep... totaling 7,654 sf... one of the larger lots in the area. Right down the street from Newport Heights Elementary School and Newport Harbor High School. Whether you are looking for an original Eastside Costa Mesa home to renovate and remodel, or looking for a blank canvas to build your custom dream home… this is the one for you!

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Birnbaum DRE #01363487 714-655-8108,

    LMB Enterprises

    Bought with:

    Nathan Javadi, DRE #02050910

    Casa Real Estate

    Source: CRMLS,MLS#: OC24213071MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Full Bath on Main Level, Separate Shower, Tile Counters
    Kitchen
    • Features: Tile Counters
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Range, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 917 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Garage, RV Access/Parking
    • Attached garage spaces: 1
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground Level
    • Patio & porch: Covered, Patio, Porch
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wood
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Size: 7,654 Square Feet
    • Features: Back Yard, Front Yard, Lawn, Level, Rectangular Lot, Street Level, Yard
    Details
    • Parcel number: 42533115
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Park, Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Eastside Heights (Ehcm)
    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $2,290/sqft
    • Tax assessed value: $1,975,000
    • Annual tax amount: $22,044
    • Date on market: 10/29/2024
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Submit,VA Loan
    • Road surface type: Alley Paved, Paved

    Price history

    DateEventPrice
    9/4/2025Sold$2,100,000+6.3%$2,290/sqft
    Source: Public Record Report a problem
    11/19/2024Sold$1,975,000+1.5%$2,154/sqft
    Source: CRMLS #OC24213071 Report a problem
    11/13/2024Pending sale$1,945,000$2,121/sqft
    Source: CRMLS #OC24213071 Report a problem
    11/5/2024Contingent$1,945,000$2,121/sqft
    Source: CRMLS #OC24213071 Report a problem
    10/29/2024Listed for sale$1,945,000$2,121/sqft
    Source: CRMLS #OC24213071 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,044 +402.1%$1,975,000 +515.2%
    2024$4,390 +4.1%$321,056 +2%
    2023$4,219 +4.5%$314,761 +2%
    2022$4,039 +3.6%$308,590 +2%
    2021$3,897 +1.3%$302,540 +1%
    2020$3,846 $299,438 +2%
    2019$3,846 +2.2%$293,567 +2%
    2018$3,764 +3.7%$287,811 +2%
    2017$3,630 $282,168 +2%
    2016$3,630 +2.1%$276,636 +1.5%
    2015$3,557 +3.2%$272,481 -38.2%
    2014$3,446 $440,961 +0.5%
    2013-- $438,969 +68.4%
    2012-- $260,723 +2%
    2011-- $255,611 +0.8%
    2010-- $253,701 -0.2%
    2009-- $254,305 +2%
    2008-- $249,319 +2%
    2007-- $244,431 +2%
    2006-- $239,639 +2%
    2005-- $234,941 +2%
    2004-- $230,335 +1.9%
    2003-- $226,114 +2%
    2002-- $221,681 +2%
    2001$2,514 +2.8%$217,335 +2%
    2000$2,445 $213,074
    Find assessor info on the county website

    Neighborhood: 92627

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport Heights
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,642,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,642,200