
Costa Mesa, California 92626
This property presents a High-Potential Investment Opportunity with a List Price of $1,450,000—positioned well below the $1,471,198 Fair Market Value by 1.44%. This valuation gap offers $21,198 in Instant Equity. Featuring a Condition Rating of 4, the home serves as a blank canvas for value-add renovations, bolstered by a Garage Office/ADU potential. Located near top-rated schools like Maude B. Davis Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1144 El Camino Dr Subject | $1,450,000* List Price | 4 | 2 | 1,867 | $788 | - |
A 1075 Corona Lane Sold | $1,527,000 | 5 | 3 | 2,263 | $675 | 0.2 mi |
B 2734 San Juan Sold | $1,365,000 | 4 | 2 | 1,867 | $731 | 0.4 mi |
C 3134 Killarney Lane Sold | $1,625,000 | 4 | 2 | 2,059 | $789 | 0.7 mi |
D 1198 Dorset Lane Sold | $1,365,000 | 5 | 3 | 1,962 | $696 | 0.4 mi |
E 927 Presidio Sold | $1,475,000 | 3 | 2 | 1,501 | $983 | 0.6 mi |
F 895 Sonora Road Sold | $1,400,000 | 4 | 2 | 1,700 | $824 | 0.6 mi |
G 254 Bucknell Road Sold | $1,475,000 | 3 | 2 | 1,555 | $949 | 0.8 mi |
H 3120 Pierce Avenue Sold | $1,205,000 | 4 | 2 | 1,944 | $620 | 0.7 mi |
I 3140 Coolidge Avenue Active | $1,249,900 List Price | 4 | 2 | 1,683 | $743 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is described as a 'blank canvas' for renovation, indicating dated kitchen and bath facilities. While it features some updates like double-paned windows and hardwood floors, the overall age and the agent's call for 'visionary renovations' suggest the systems and interiors are likely over 20 years old and need modernization.
Priced at $1.45M in a neighborhood with a recent $1.925M cash sale nearby, this property offers substantial upside for investors or buyers looking to build immediate equity through renovations.
The garage includes a built-in office with a separate sliding-door entry, providing a turnkey solution for a private workspace or an ideal candidate for a rental unit conversion.
The home features high-quality baseline upgrades including timeless hardwood floors, double-paned windows, and shutter blinds, ensuring a durable foundation for cosmetic customization.
Marketed as a 'blank canvas,' the interior likely requires a comprehensive aesthetic overhaul to meet the modern standards of the surrounding high-value comps.
Given the 1963 construction date, buyers should anticipate potential needs for updating original systems or utilities that may not be mentioned in the cosmetic highlights.
Offered at $1.45M, this beautiful and spacious 4-bedroom, 2-bathroom home is located in the highly sought-after Mesa Del Mar community of Costa Mesa. Built on a solid foundation with no structural defects, the property is in great shape while offering the perfect blank canvas for your custom visionary renovations. The interior includes timeless hardwood floors, shutter blinds, and double-paned windows and sliding doors throughout. A major highlight is the garage, which features a built-in office and separate sliding-door entry. This setup offers a private workspace or an ideal rental unit where a tenant never needs to enter the main home. Located right next to Orange Coast College with quick freeway access and just 10 minutes to Newport Beach, this home is aggressively priced to sell fast in a neighborhood where the property directly across the street recently commanded a rapid $1.925M cash sale! Don't miss out on this great opportunity!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.6 mi
Grades 7-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,867 | 1,773.938 |
| Lot Size | 6,984 | 6,573.577 |
| Price | $1.45M | $1.69M |
| Price per sq ft | $777 | $976 |
| Built year | 1963 | 1961 |
| HOA | $0 | $342 |
| Days on market | 5 | 51 |
Sep 4, 2026
$1,450,000
Initial Listing