315 University Dr

Costa Mesa, CA 92627
  • $2,400,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 1,225

    SqFt
  • 0.21

    Acre

About the Listing OC06682 - OCSPERBRI

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-bathroom 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 has the possibility to build condos or apartments.

Listing Highlights for 315 University Dr

Status Active
Days on Site 35
Property Type Residential
MLS ® OC26197241
Year Built 1954
Total Square Footage 1,225
Lot/Acreage 0.21
County Orange
Neighborhood Other
School District Newport Mesa Unified

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances: Dishwasher, Freezer, Microwave, Refrigerator
  • Air Cond: Central Air
  • Heating: Central,Forced Air
  • Fireplaces: Living Room
  • Floor: Vinyl
  • Basement:
  • Other: Ceiling Fan(s),Open Floorplan,Stone Counters,Recessed Lighting,Bedroom on Main Level,Galley Kitchen,Main Level Primary,Primary Suite,Walk-In Closet(s)
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,Back Yard,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Zoning: R-4
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway,Garage Faces Front

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 43909111
  • Tax Year: N/A

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315 University Dr Costa Mesa, CA 92627

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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