$2,499,000
2209 Elden AvenueCosta Mesa, CA 92627Eastside Central
317 University Drive UnitsA,B,C, Costa Mesa, CA 92627
- 5 beds
- 3 baths
- 2,430 sq ft
$2,699,999
The home
About 317 University Drive UnitsA,B,C
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.
Property details for 317 University Drive UnitsA,B,C
This 5-bedroom, 3-bath home sits in Costa Mesa in Orange County. It offers 2,430 square feet of living space and is listed at $2,699,999, about $1,111 per square foot. The MLS record lists the assessor parcel number as 439-091-12. Highlights include single-story living, a one-car garage, and bungalow architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,699,999
- Days On Site
- 155 Days
- Bedrooms
- 5
- Inside Area (SqFt)
- 2,430 sqft
- Total Baths
- 3
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- N/A
- MLS® Number
- 26828517
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- MLS Number
- 26828517
- Living Area (sq ft)
- 2,430
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 9,148
- Lot Size (acres)
- 0.21
- Levels
- One
- Bedrooms
- 5
- Garage Spaces
- 1
- Parking Spaces
- 4
- View
- None
- Parcel Number
- 43909112
- On Market Date
- 2026-05-01
- Listing Terms
- Standard
Interior Features
- Appliances
- Disposal, Oven, Range
- Flooring
- Carpet, Laminate, Tile
- Heating
- Electric
- Cooling
- None
- Fireplace
- None
- Entry Level
- 1
- Common Walls
- No Common Walls
- Accessibility
- None
Exterior Features
- Architectural Style
- Bungalow
- Roof
- Shingle
- Construction
- Stucco
- Lot Features
- Front Yard, Lawn
- Patio and Porch
- Brick, Concrete, Open, Patio, See Remarks
- Parking
- Assigned, Controlled Entrance, Door Single, Driveway, Garage, Side By Side
- Pool Features
- None
- Spa
- None
- Sewer
- Other
- Water
- Public
- Condition
- Fixer, Repairs Cosmetic
- Units
- 3
The record
Property History for 317 University Drive UnitsA,B,C
| Date | Event | Price | Note |
|---|---|---|---|
| May 1, 2026 | Listed for sale | $2,900,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$20,715/mo
10% down · 30-year fixed · $270,000 down
Principal & interest$16,216
Mortgage insurance (est., over 80% LTV)$1,012
Property tax (est. 1.2%)$2,700
Home insurance (rough est., varies widely)$787
HOANot reported, not included
$17,901/mo
20% down · 30-year fixed · $540,000 down
Principal & interest$14,414
Property tax (est. 1.2%)$2,700
Home insurance (rough est., varies widely)$787
HOANot reported, not included
$16,099/mo
30% down · 30-year fixed · $810,000 down
Principal & interest$12,612
Property tax (est. 1.2%)$2,700
Home insurance (rough est., varies widely)$787
HOANot reported, not included
Estimated carrying cost
$3,487/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.2%)$2,700
Home insurance (rough est., varies widely)$787
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Costa Mesa rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 317 University Drive UnitsA,B,C
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The neighborhood
About Costa Mesa
Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.
Location
Location
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Listed by Shane Dailey of Cal Mutual Inc
Listing information updated Aug 14, 2026 at 12:13 PM PT. Source: CRMLS.
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. The 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.