317 University DR #UnitsA,B,C Costa Mesa CA 92627 | MLS #26828517

317 University DR #UnitsA,B,C
Costa Mesa, CA, 92627
$2,699,999
5 Beds
3 Baths
2,430 SqFt
0.21 Acres
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MLS #26828517 image #0
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.

Property Details

Price:
$2,699,999
MLS #:
26828517
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Neighborhood:
c5eastcostamesa
Listed Date:
May 1, 2026
Finished Sq Ft:
2,430
Total Sq Ft:
2,430
Lot Size:
9,148 sqft / 0.21 acres (approx)
BungalowC5 – East Costa MesaC5eastcostamesaNone

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Schools

Interior

Appliances
Oven, Range, Disposal
Cooling
None
Flooring
Tile, Carpet, Laminate
Heating
Electric
Levels
One

Exterior

Accessibility Features
None
Architectural Style
Bungalow
Common Walls
No Common Walls
Construction Materials
Stucco
Covered Spaces
1
Garage Spaces
1
Lot Features
Front Yard, Lawn
Open Parking YN
1
Parking Features
Assigned, Garage – Single Door, Controlled Entrance, Driveway, Side By Side
Parking Spots
4
Parking Total
4
Roof
Shingle
Spa Features
None
Stories
1
View
None

Financial

Gross Operating Income
$85,100
Net Operating Income
$85,100

Map

Community

Market Summary

Current real estate data for Single Family in Costa Mesa as of Oct 27, 2026
116
Single Family Listed
49
Avg DOM
997
Avg $ / SqFt
$2,013,412
Avg List Price

Property Summary

    317 University DR #UnitsA,B,C Costa Mesa CA is a Single Family for sale in Costa Mesa, CA, 92627. It is listed for $2,699,999 and features 5 beds, 3 baths, and has approximately 2,430 square feet of living space.The current price per square foot is $1,111. The average price per square foot for Single Family listings in Costa Mesa is $997. The average listing price for Single Family in Costa Mesa is $2,013,412. To schedule a showing of MLS#26828517 at 317 University DR #UnitsA,B,C in Costa Mesa, CA, contact your Compass agent at 310.409.7242.

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317 University DR #UnitsA,B,C
Costa Mesa, CA