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317 University Drive, 
Costa Mesa, CA 92627

$2,900,000


5

Beds


Bath


2,430

Sq Ft


Multi-Family

Active

Listed by

Shane Dailey

Cal Mutual Inc

shane@calmutualhomes.com

Last updated:

May 3, 2026, 01:42 AM

MLS#

CL26828517

Source:

Bay East CCAR bridgeMLS

About This Home

317 University Drive

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.

Home Facts

Multi-Family

5 Bedrooms

Price Summary

2,900,000

$1,193 per Sq. Ft.

MLS #:

CL26828517

Last Updated:

May 3, 2026, 01:42 AM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Interior

Living Area:

2,430 Sq. Ft.


Structure

Structure

Building Area:

2,430 Sq. Ft.


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$2,900,000

Price per Sq. Ft:

$1,193 per Sq. Ft.

MLS Logo
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at May 3, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.