
Costa Mesa, California 92627
This property presents a Strong Value Opportunity with a List Price of $1,195,000—positioned well below the $1,257,965 Fair Market Value by 5%. This valuation gap offers $62,965 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires significant refurbishment, yet the 7,800 sqft lot with a swimming pool and spa provides immense upside. Located in the Newport Mesa Unified district, this is a high-potential acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2123 Wallace Subject 4 bd · 2 ba · 1,618 sqft · $777 | $1,195,000* List Price | 4 | 2 | 1,618 | $777 | - |
A 395 Victoria Sold 3 bd · 3 ba · 1,620 sqft · $620 · 0.9 mi | $1,004,000 | 3 | 3 | 1,620 | $620 | 0.9 mi |
B 1950 Anaheim Sold 3 bd · 2 ba · 1,314 sqft · $761 · 0.6 mi | $1,000,000 | 3 | 2 | 1,314 | $761 | 0.6 mi |
C 644 Ross Sold 3 bd · 2 ba · 971 sqft · $927 · 0.5 mi | $900,000 | 3 | 2 | 971 | $927 | 0.5 mi |
D 2128 College Sold 3 bd · 2 ba · 1,296 sqft · $910 · 0.8 mi | $1,180,000 | 3 | 2 | 1,296 | $910 | 0.8 mi |
E 674 Capital Sold 4 bd · 2 ba · 1,176 sqft · $935 · 0.4 mi | $1,100,000 | 4 | 2 | 1,176 | $935 | 0.4 mi |
F 2245 Anaheim Active 3 bd · 2 ba · 1,296 sqft · $732 · 0.5 mi | $949,000 List Price | 3 | 2 | 1,296 | $732 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 with no recorded renovations, the listing explicitly states the home 'needs refurbishing' and is 'ready for renovations.' Given the age and description, the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1618.
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
The property features an expansive 7,800 sqft lot equipped with a swimming pool, spa, and lush tropical landscaping, providing a private and premium outdoor entertaining space.
The home is explicitly listed as needing refurbishing, indicating that buyers will need to budget for significant immediate repairs and cosmetic upgrades.
Built in 1955, the property likely requires updates to aging systems such as electrical, plumbing, or insulation to meet modern efficiency and safety standards.
This spacious 4-bedroom, 2-bathroom single-family home sits on a quiet cul-de-sac, offering privacy and a true neighborhood feel just steps from everyday conveniences. Location is a major highlight—not far from the elementary school, with easy access to the thriving restaurant scenes of both Westside and Eastside Costa Mesa. The Westside is thriving with ongoing renovations and revitalization, making this an ideal chance to create your dream home in one of Costa Mesa’s most exciting neighborhoods. You’re also minutes from the beaches, shopping, and attractions of nearby Newport Beach and Huntington Beach. This home needs refurbishing but delivers incredible potential to transform it into a wonderful personal oasis. Inside, the home provides a solid layout ready for renovations to match your vision. Step outside to the standout feature: a large, ample backyard filled with a swimming pool, spa, and generous patio areas perfect for entertaining. Large, lush trees create a lush tropical atmosphere that extends to the front yard, offering shade, privacy, and an immediate resort-like vibe. Come see this opportunity today and start planning your vision!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,618 | 1,808.331 |
| Lot Size | 7,800 | 6,450.805 |
| Price | $1.20M | $1.68M |
| Price per sq ft | $739 | $962 |
| Built year | 1955 | 1961 |
| HOA | $0 | $302 |
| Days on market | 6 | 51 |
Oct 19, 2026
$1,195,000
Initial Listing