Costa Mesa, CA 92627,330 University Drive
Costa Mesa, CA 92627,330 University Drive
Costa Mesa, CA 92627,330 University Drive
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$2,049,000
Est. payment /mo
3 Beds
1.5 Baths
1,400 SqFt
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UPDATED:

02/20/2025 01:43 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $1,463

MLS Listing ID CL25489209

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1944

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Property Description

Investors and Builders - With a recent rezoning by the County of Orange, this highly desirable property offers unparalleled flexibility and development potential, setting it apart from any other on the market in the Newport-Mesa area. Just 350 yards or so from the serene waters of Newport's Back Bay, this 8,275-square-foot property is ideally located in an unincorporated area of Eastside Costa Mesa. Considering building six new townhomes? How about up to 14 apartments? This property is zoned for both, with a maximum height allowance of 35 feet. Alternatively, design your dream home or even two! You could also renovate the existing 1,400 sqft 3-bedroom, 1.5-bath residence while capitalizing on its two oversized garages and onsite parking for up to 20 vehicles. There are two distinct architectural renderings: Townhouse Rendering - This concept showcases 5 custom townhomes, and 1 custom ADU, all designed in a modern coastal craftsman style. Each townhome is designed with balconies and two-car garages. This configuration could generate an estimated sale of more than $7 million. Apartment Rendering - This option presents 8 high-end custom apartments plus 2 custom ADU apartments. Each apartment includes a private balcony and a single-car garage equipped with an EV charger. Under this p

Location

State CA

County Orange

Zoning R4

Interior

Interior Features Bonus/Plus Room, Workshop

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Exterior

Pool None

View Y/N true

View Bay

Total Parking Spaces 20

Private Pool false

Building

Story 1

Architectural Style Traditional

Level or Stories One Story

New Construction No

Others

Tax ID 43909213


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Bridge MLS
Listed by John McCann • Lyon Stahl Investment Real Estate, Inc.

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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330 University Drive