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5 Beds
3 Baths
2,430 sqft

$2,699,999

317 University Drive UnitsA,B,C, 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
26828517

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Shane Dailey, Cal Mutual Inc, CA DRE 01484412

Listing Contact: 323-821-8323 

Based on information from the CRISNet MLS as of 8/15/2026, 3:19 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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