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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

317 University Drive, Costa Mesa – $2,900,000

  • 5 Beds
  • 3 Baths
  • 2,430 Sqft
  • .21 Acres
  • 5 Beds
  • 3 Baths
  • 2,430 Sqft
  • .21 Acres

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.

Essential Information

  • MLS® #26828517
  • Price$2,900,000
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage2,430
  • Acres0.21
  • TypeResidential Income
  • StyleBungalow
  • StatusActive

Community Information

  • Address317 University Drive
  • AreaC5 - East Costa Mesa
  • CityCosta Mesa
  • CountyOrange
  • Zip Code92627

Amenities

  • Parking Spaces4
  • # of Garages1
  • ViewNone
  • PoolNone

Parking

Assigned, Controlled Entrance, Door-Single, Driveway, Garage, Side By Side

Garages

Assigned, Controlled Entrance, Door-Single, Driveway, Garage, Side By Side

Interior

  • InteriorCarpet, Laminate, Tile
  • AppliancesDisposal, Oven, Range
  • HeatingElectric
  • CoolingNone
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Exterior

  • ExteriorStucco
  • Lot DescriptionFront Yard, Lawn
  • RoofShingle
  • ConstructionStucco

Additional Information

  • Date ListedMay 1st, 2026
  • Days on Market2

Listing Details

  • AgentShane Dailey
  • OfficeCal Mutual Inc
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Shane Dailey, Cal Mutual Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2026 at 12:55pm PDT. 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, 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.