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Listed by Brian Sperry, DRE #01478815 • Compass
$ 2,400,000
Est. payment /mo
New
315 University DR Costa Mesa, CA 92627
2 Beds
2 Baths
1,225 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,225 sqft
Price per Sqft $1,959
MLS Listing ID CROC26197241
Bedrooms 2
Full Baths 2
Year Built 1954
Lot Size 9,148 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
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
Area C5 - East Costa Mesa
Zoning R-4
Rooms
Dining Room Dining Area in Living Room
Kitchen Dishwasher, Freezer, Microwave, Other, Refrigerator
Interior
Heating Forced Air, Central Forced Air
Cooling Central AC
Fireplaces Type Living Room
Laundry Gas Hookup, 30
Exterior
Parking Features Garage, Other
Garage Spaces 2.0
Fence Wood
Pool 31, None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 43909111
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