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Pending
    • $2,900,000

    317 University Dr, Costa Mesa, CA 92627

    5beds
    3baths
    2,430sqft
    : 
    $19,003/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $1,193/sqft
    $-- HOA

    What's special

    Plenty of off-street parking
    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.
    91 days
    |
    15
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Dailey DRE # 01484412 323-821-8323,

    Cal Mutual Inc 323-821-8323

    Source: CLAW,MLS#: 26828517MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Electric
      Cooling
      • None
      Appliances
      • Included: Oven, Range, Range/Oven, Disposal, Water Heater Unit
      Features
      • None
      • Flooring: Laminate, Carpet, Tile
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,430
      • Total interior livable area: 2,430 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned, Garage - 1 Car, Secured, Driveway, Side By Side
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main Level
      • Patio & porch: Concrete Slab, Brick, Other, Patio, Slab
      • Pool features: None
      • Spa features: None
      • Fencing: Fenced Yard,Fenced
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 9,147 Square Feet
      • Dimensions: 67 x 137
      • Features: Curbs, Front Yard, Lawn, Sidewalks, Single Lot, Street Lighting
      Details
      • Additional structures: None
      • Parcel number: 43909112
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Foundation: None
      • Roof: Shingle
      Condition
      • Fixer,Repair Cosmetic

      Utilities & green energy

      • Sewer: In Street
      • Water: District
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: None
      HOA
      • Amenities included: None
      Location
      • Region: Costa Mesa

      Financial & listing details

      • Price per square foot: $1,193/sqft
      • Tax assessed value: $360,690
      • Annual tax amount: $5,960
      • Date on market: 5/1/2026
      • Total actual rent: 85100
      • Tenant pays: Electricity, Gas
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,286/mo

        Price history

        DateEventPrice
        5/26/2026Pending sale$2,900,000$1,193/sqft
        Source: CLAW #26828517 Report a problem
        5/1/2026Listed for sale$2,900,000$1,193/sqft
        Source: CLAW #26828517 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,960 +3%$360,690 +2%
        2024$5,786 +4.2%$353,618 +2%
        2023$5,554 +3.2%$346,685 +2%
        2022$5,382 +3.7%$339,888 +2%
        2021$5,190 +1.8%$333,224 +1%
        2020$5,098 $329,808 +2%
        2019$5,098 +2.4%$323,342 +2%
        2018$4,977 +3.6%$317,002 +2%
        2017$4,805 $310,787 +2%
        2016$4,805 +1.8%$304,694 +1.5%
        2015$4,719 +3%$300,118 +2%
        2014$4,583 $294,240 +0.5%
        2013-- $292,911 +2%
        2012-- $287,168 +2%
        2011-- $281,538 +0.8%
        2010-- $279,434 -0.2%
        2009-- $280,099 +2%
        2008-- $274,607 +2%
        2007-- $269,223 +2%
        2006-- $263,945 +2%
        2005-- $258,770 +2%
        2004-- $253,697 +1.9%
        2003-- $249,048 +2%
        2002-- $244,165 +2%
        2001$3,193 +3.2%$239,378 +2%
        2000$3,095 $234,685
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92627

        Getting around

        64 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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