445 E 20th St, Costa Mesa, CA 92627

Property Description

The opportunity to purchase this legendary Eastside Costa Mesa property has finally arrived. Located on a lot in excess of One-Half an Acre (24,259 square feet), this represents a very rare opportunity in Coastal Orange County. It’s ideally positioned near the border of Newport Beach (Irvine Ave - East), as well as the shopping & dining corridor of East 17th Street (3 blocks SW) in the lower Eastside neighborhood. A sprawling residence with Mission styling is set back on the lot and is guarded by a mature stand of Eucalyptus trees on the Street. Down the long driveway is a Carriage House Garage, with living area’s above and a workshop and bathroom behind the garage space. In the rear is a large pool, covered entertainment patio, and, of course, much more land! A complete restoration of the existing improvements is possible for a dedicated, talented, and well-funded Buyer. The current floor plan consists of 2 bedrooms, 2 bathrooms, a den and a family room with over 2200 square feet with some unique Architectural features. Of course, on a parcel of this size, the development potential for multiple New Residences & ADUs exists as well, subject to a complete analysis of the City of Costa Mesa guidelines. Finally, this is clearly an ideal location to design and construct a new custom residence, accessory dwellings, & garages in a private compound setting for a discerning Buyer. The existing improvements are in rent-ready condition with some minor improvements for an income flow while any plans for development are completed. We’re proud to offer this special property for public consideration and acquisition.