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!