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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
Listed by Shane Dailey CA DRE# 01484412 with Cal Mutual Inc 323-821-8323

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
MLS provider logo

Listed by Shane Dailey CA DRE# 01484412 with Cal Mutual Inc 323-821-8323

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/15/2026 at 3:24 AM UTC Last Checked: 3:24 AM UTC

 

 

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