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Listed price in listed location currency (USD).
$3,250,000

222

MLS® OC26041042

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1225 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 0.21 acres
Approx. Age 1954
Avg. Price Per Sqft $2,653
MLS® Number OC26041042

Property Address: 315 University Dr, Costa Mesa, CA, 92627

Average square foot calculated using Size range provided by listing agent.

Description

315 University Drive presents a high-density development opportunity on a 9, 148 square foot lot zoned R-4 in Costa Mesa. Architectural studies illustrate two distinct paths: a for-sale configuration featuring four spacious 2-bedroom condominium residences with a separate structure offering two additional 2-bedroom ADUs, all supported by parking within a shared ground-level garage; or a rental-focused design allowing for up to 20 units comprised of a mix of two-bedroom and studio apartments. The apartment concept includes structured parking. The contemporary three-story design features private patios and balconies, elevator access, and a modern coastal architectural aesthetic as depicted in the renderings, which are for illustrative purposes only. With flexible development potential in a supply-constrained submarket, this property offers multiple strategies for build-to-sell, build-to-rent, or long-term hold. Buyer to verify all development standards and requirements with the City of Costa Mesa and the County of Orange. Architectural floor plans are available upon request.
MLS® NumberOC26041042
Laundry LevelWasher Hookup, Gas Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.21
Exterior
GarageYes
Approx. Age1954
Basement
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2026List Date
$3,250,000List Price

Home Appraisal

This property is estimated to sell between: $1,471,000 and $4,140,000.
Similar properties in this area sold on average for: $1,471,000
Expected to sell in 18 days. Similar properties sold in 19 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
315 University Dr, Costa Mesa, CA

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