USACACosta MesaOther315 University Dr
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$2,400,000

For Sale

A month ago

315 University Dr, Costa Mesa, CA

House

MLS® OC26197241

2 Bed

2 Bath

1225 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1225 sqft
Garage Yes
Taxes 
Days Active 30
Lot Size 0.21 Acres
Approx. Age 1954
Avg. Price Per Sqft $1,959
MLS® Number OC26197241

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

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

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-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.
MLS® NumberOC26197241
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1954
Basement
DrivewayDriveway, Garage Faces Front
Garage Spaces
HeatCentral, Forced Air
A/CCentral Air

Extras

Rooms

Change to metres

Other:Not available
Bedroom 1:Not available
Kitchen:Not available
Bedroom 1:Not available
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2026List Date
$2,400,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2026List Date
$2,675,000List Price

Home Appraisal

This property is estimated to sell between: $1,576,000 and $2,812,000.
Similar properties in this area sold on average for: $1,576,727
Expect to pay under asking. 64% of similar properties sold for less than the asking price.
Expected to sell very soon! Similar properties sold in 23 days. This home has been on eXp Realty for 30 days.

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.

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Commute

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

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