315 University Drive, Costa Mesa, CA 92627
315 University Drive, Costa Mesa, CA 92627
315 University Drive, Costa Mesa, CA 92627
315 University Drive, Costa Mesa, CA 92627
315 University Drive, Costa Mesa, CA 92627
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$ 2,400,000
Est. payment | /mo

2 Beds

2 Baths

1,225 SqFt


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$ 2,400,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,225 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,225 sqft

Price per Sqft $1,959

MLS Listing ID OC26197241

Bedrooms 2

Full Baths 2

Year Built 1954

Lot Size 9,148 Sqft

Property Sub-Type Detached

Property Description

315 University Drive gives you a rare choice in Costa Mesa: live in the home that stands here today, or redevelop the R-4 lot beneath it. The existing residence is a 2-bedroom, 2-bath home of 1,225 square feet, set behind a security gate on a 9,148 square foot lot close to the Back Bay, with a two-car garage and an oversized yard. Move in, rent it out, or hold it while you plan. The home is functional and ready today. The upside is in the land. Zoned R-4 on more than 9,000 square feet in a supply-constrained submarket, this lot carries real development potential for a buyer with vision. Whether your strategy is build-to-sell, build-to-rent, or a long-term hold, the possibilities here are worth exploring. Buyer to verify all development standards and requirements with the City of Costa Mesa and County of Orange.

Location

State CA

County Orange

Zoning R-4

Direction Irvine Avenue to University Drive. Northwest to home.

Interior

Interior Features Recessed Lighting, Stone Counters

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Freezer

Laundry Gas, Washer Hookup

Exterior

Garage Spaces 2.0

Fence Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Porch Concrete, Patio

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 43909111

MLS Router / San Diego MLS
Listed by Brian Sperry, DRE#01478815 Compass 

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315 University Drive