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5 Beds
2,430 sqft

$2,699,999

317 University Drive, Costa Mesa CA, 92627

Price per sqft$1,111.11
Property size2,430 sqft
Property typeResidential

Overview

Active

Listed May 1, 2026

Updated Aug 15

Here is the incredible income opportunity you have been looking for! This great property is all about location, location, location with so much upward potential. It is in the heart of Costa Mesa's up-and-coming neighborhood with so much growth opportunity. Awesome investment opportunity for an investor looking to rehab or build multiple units or owner occupied in walking distance to great parks, restaurants, schools and so much more! In this very nice Costa Mesa neighborhood this is the type of neighborhood people love because it is so convenient to so much activity. All units are each in very good condition with tenant pride. This great income property is a triplex with 3 Separate houses and a garage; the front unit has 2 bedrooms & 1 bath and laundry hook ups, the middle unit has 2 bed and 1 bath and laundry hookups and the rear unit has 1 bedroom & 1 bath, and the extra-long driveway with parking area provide plenty of off-street parking! These are turnkey rental units for investors looking an income property with easy tenants and great rents or a great potential parcel for building up a larger development within Costa Mesa building codes. Don't miss this opportunity, it won't last long! The adjacent parcel to the NW is also for sale for an even larger project.

$17,963/mo

Est. mortgage payment based on a $2,699,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26828517

Interior Features

Bedrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres
MLS provider logo

Listed by Shane Dailey, with Cal Mutual Inc
Listing Contact: 323-821-8323 

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