315 University Drive, Costa Mesa, CA 92627
List Price: $2.4M
Listing Status: Active
0Days on Market: 0
2 Bedrooms · 2 Bathrooms · 1,225 sq ft
Property Type: Residential
Year Built: 1954
Lot Size: 9,148 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: OC26197241
About This Property
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.
Listing provided by: Brian Sperry DRE #01478815 949-438-4340 brian@briansperry.com, Compass
Source: CRMLS, MLS #: OC26197241
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.