2109 Monrovia, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 1 bath
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2109 Monrovia
Costa Mesa, California 92627
ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
3Beds
1Baths
1,034Sq Ft
7,700Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,092,836
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $1,092,836 Fair Market Value by -9%. While the pricing reflects a premium, the 7,700 sq.ft. lot offers significant Development Potential for those looking to expand the 1,034 sq.ft. footprint. With a Condition Rating of 6, the home requires modernization to reach its full potential. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable canvas in a prime Southwest Costa Mesa location.
Estimated Market Value
$1,092,836
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2109 Monrovia Subject 3 bd · 1 ba · 1,034 sqft · $1,057 | $1,200,000* List Price | 3 | 1 | 1,034 | $1,057 | - |
A 2211 Meyer Sold 3 bd · 2 ba · 1,050 sqft · $1,143 · 0.7 mi | $1,200,000 | 3 | 2 | 1,050 | $1,143 | 0.7 mi |
B 2243 Miner Sold 3 bd · 2 ba · 1,152 sqft · $977 · 0.9 mi | $1,125,000 | 3 | 2 | 1,152 | $977 | 0.9 mi |
C 674 Capital Sold 4 bd · 2 ba · 1,176 sqft · $935 · 0.6 mi | $1,100,000 | 4 | 2 | 1,176 | $935 | 0.6 mi |
D 644 Ross Pending 3 bd · 2 ba · 971 sqft · $926 · 0.7 mi | $899,000 List Price | 3 | 2 | 971 | $926 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1954 (70 years old) with no mention of renovations or updates to major systems. The listing description emphasizes the large lot and the potential to 'create your dream home,' which is industry shorthand for a property where the value is primarily in the land. The exterior image shows significant deferred maintenance, including a weathered garage door and neglected landscaping, fitting the criteria for a structure over 50 years old with no significant improvements.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1034.
- Great Schools
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
- Expansive Lot Size
The property features a generous 7,700 sq.ft. lot, providing significant space for potential expansions, an ADU, or a large private outdoor oasis in a high-demand area.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the current layout is less than ideal for modern family living and may require immediate plumbing additions to increase functionality.
- Small Living Footprint
At just 1,034 square feet, the existing interior space is relatively small for the $1.2M price point, likely necessitating a significant investment in square footage expansion.
About 2109 Monrovia
Located in a desirable area of Southwest Costa Mesa, this property sits on a large lot (7,700 sq.ft. lot) with plenty of potential to customize, expand, or create your dream home. A great opportunity to make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,700 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Victoria Elementary School
Grades PK-6 • 0.3 mi
6/10
Wilson Elementary School
Grades PK-6 • 0.4 mi
3/10
Pomona Elementary School
Grades PK-6 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 1.0 | 2.7 |
| Square foot | 1,034 | 1,808.331 |
| Lot Size | 7,700 | 6,450.805 |
| Price | $1.20M | $1.68M |
| Price per sq ft | $1.2K | $962 |
| Built year | 1954 | 1961 |
| HOA | $0 | $302 |
| Days on market | 9 | 51 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,200,000
Initial Listing