315 University DR, Costa Mesa, CA 92627
315 University DR, Costa Mesa, CA 92627
315 University DR, Costa Mesa, CA 92627
315 University DR, Costa Mesa, CA 92627
315 University DR, 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 Single Family Residence

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

HOA Y/N No

Year Built 1954

Lot Size 9,147 Sqft

Property Sub-Type Single Family Residence

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

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Stone Counters, Recessed Lighting, Bedroom on Main Level, Galley Kitchen, Main Level Primary, Primary Suite, Walk-In Closet(s)

Heating Central, Forced Air

Cooling Central Air

Flooring Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Freezer, Microwave, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway, Garage Faces Front

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Street Lights

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

View Y/N No

View None

Porch Concrete, Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 43909111

Acceptable Financing Trust Conveyance

Listing Terms Trust Conveyance

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brian Sperry Compass 949-667-3300, DRE #01478815

Nearby Locations

Danny Navarro

Making real estate fast, fun, and stress-free!

+1(949) 903-6633

dannynteam@gmail.com

2700 N Main St suite 1101, Santa Ana, CA 92705,Unit, USA

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315 University DR