Welcome to 308 Flower Street, a versatile income-producing property nestled in one of Costa Mesa’s most sought-after neighborhoods. Sitting on a spacious 6,970 sq ft lot, this property features three separate units with a garage that as the potenital to house six cars and a long driveway. The front house offers 3 bedrooms and 2 bathrooms with a traditional layout, perfect for an owner-user or long-term tenant. The second unit is a charming 1 bed, 1 bath recently renovated. The third unit, also a 1 bed, 1 bath, has a flexible layout with potential to convert into two separate units, creating even more income upside. This property is surrounded by high-end new construction, this is a fantastic opportunity for a family looking to offset their mortgage with rental income, or a builder/investor looking to maximize the lot’s full potential. Minutes from the beach, top schools, restaurants, this one checks all the boxes. Floor plan in the pictures. Front residence 3 bed/ 2 bath, White roof 1 bed/ 1 bath, above the garage 1bed/1 bath with potential for an additional 1bed/1 bath.
Sold for $2,185,840
Listed by: Seven Gables Real Estate • John Kelly • Contact: 949-233-5574
Bought with: Compass
$2,185,840
308 Flower St, Costa Mesa, CA 92627
5beds
3,000sqft
Single Family Residence
Built in 1945
6,970 Square Feet Lot
$3,707,800 Zestimate®
$729/sqft
$7,994 Estimated rent
Home value
$3,707,800
$3.23M - $4.34M
$7,994/mo
Zestimate® history
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$7,994/mo
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$13,669/mo
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Long driveway
Zillow last checked:
Listing updated:
Listed by:
John Kelly DRE #01232969 949-233-5574,
Seven Gables Real Estate
Bought with:
Annie Clougherty, DRE #01716801
Compass
Source: CRMLS,MLS#: OC25147415
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Family Room, Kitchen, Primary Bathroom, Primary Bedroom
Heating
- Central
Cooling
- None
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Balcony, Ceiling Fan(s), Bar
- Flooring: Carpet, Laminate, Wood
- Has fireplace: Yes
- Fireplace features: Bath, Dining Room, Family Room, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: Direct Access, Driveway, Garage
- Attached garage spaces: 6
- Uncovered spaces: 2
Accessibility
- Accessibility features: Other, Parking
Features
- Levels: Two,One
- Stories: 1
- Entry location: 1
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: None
Lot
- Size: 6,970 Square Feet
- Features: Back Yard, Front Yard, Lawn
Details
- Additional structures: Shed(s)
- Parcel number: 11725403
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: 220 Volts in Garage, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Golf, Gutter(s), Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Eastside North (Encm)
Location
- Region: Costa Mesa
Financial & listing details
- Price per square foot: $729/sqft
- Tax assessed value: $120,320
- Annual tax amount: $2,502
- Date on market: 7/1/2025
- Cumulative days on market: 55 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Sold | $2,185,840-5%$729/sqft |
Source:  CRMLS #OC25147415 Report a problem | ||
| 8/25/2025 | Pending sale | $2,300,000$767/sqft |
Source: CRMLS #OC25138137 Report a problem | ||
| 8/16/2025 | Price change | $2,300,000-8%$767/sqft |
Source: CRMLS #OC25147415 Report a problem | ||
| 7/25/2025 | Price change | $2,500,000-7.4%$833/sqft |
Source: CRMLS #OC25147415 Report a problem | ||
| 6/23/2025 | Listed for sale | $2,700,000$900/sqft |
Source:  SDMLS #OC25138137 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,502 +4.2% | $120,320 +2% |
| 2024 | $2,402 +5.6% | $117,961 +2% |
| 2023 | $2,275 +7.1% | $115,649 +2% |
| 2022 | $2,124 +5.1% | $113,382 +2% |
| 2021 | $2,021 +1.7% | $111,159 +1% |
| 2020 | $1,987 | $110,020 +2% |
| 2019 | $1,987 +2.1% | $107,863 +2% |
| 2018 | $1,947 +3.4% | $105,749 +2% |
| 2017 | $1,884 | $103,676 +2% |
| 2016 | $1,884 +1.7% | $101,644 +1.5% |
| 2015 | $1,851 +3.1% | $100,118 +2% |
| 2014 | $1,796 | $98,157 +0.5% |
| 2013 | -- | $97,714 +2% |
| 2012 | -- | $95,799 +2% |
| 2011 | -- | $93,921 +0.8% |
| 2010 | -- | $93,220 -0.2% |
| 2009 | -- | $93,442 +2% |
| 2008 | -- | $91,610 +2% |
| 2007 | -- | $89,814 +2% |
| 2006 | -- | $88,053 +2% |
| 2005 | -- | $86,327 +2% |
| 2004 | -- | $84,635 +1.9% |
| 2003 | -- | $83,084 +2% |
| 2002 | -- | $81,455 +2% |
| 2001 | $1,076 +3.3% | $79,858 +2% |
| 2000 | $1,042 | $78,293 |
Find assessor info on the county website
Neighborhood: 92627
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Nearby schools
GreatSchools rating
- 10/10Mariners Elementary SchoolGrades: K-6Distance: 0.6 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.4 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$3,707,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,707,800
- California
- Orange County
- Costa Mesa
- 92627
- 308 Flower St
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