315 University Drive, Costa Mesa, CA 92627
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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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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Brian Sperry • Compass
$ 2,400,000
Est. payment /mo
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315 University Drive Costa Mesa, CA 92627

2 Beds

2 Baths

1,225 SqFt

UPDATED:

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 OC-26197241

Bedrooms 2

Full Baths 2

Year Built 1954

Lot Size 9,148 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

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

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters

Heating Central, Forced Air

Cooling Central Air

Flooring Vinyl

Fireplaces Type Living Room

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Parking Features Driveway

Garage Spaces 2.0

Pool None

Community Features Street Lights

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

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre, Back Yard

Sewer Public Sewer

NEARBY SCHOOLS & PROPERTIES

Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors License ID: 01108944

+1(805) 795-1880

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315 University Drive