2245 Anaheim, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 2 bath
Loading property details...
2245 Anaheim
Costa Mesa, California 92627
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,296Sq Ft
6,500Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$994,938
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $949,000—positioned well below the $994,939 Fair Market Value by 4%. This valuation gap offers $45,939 in Instant Equity for buyers. Featuring a 6,500 sqft Corner Lot with Dual Driveway Access, the home has a Condition Rating of 6, signaling a prime candidate for renovation. Located in the Newport Mesa Unified district, this is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize value through strategic development.
Estimated Market Value
$994,938+$45,938 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2245 Anaheim Subject 3 bd · 2 ba · 1,296 sqft · $768 | $949,000* List Price | 3 | 2 | 1,296 | $768 | - |
A 674 Capital Sold 4 bd · 2 ba · 1,176 sqft · $935 · 0.1 mi | $1,100,000 | 4 | 2 | 1,176 | $935 | 0.1 mi |
B 1950 Anaheim Sold 3 bd · 2 ba · 1,314 sqft · $761 · 0.7 mi | $1,000,000 | 3 | 2 | 1,314 | $761 | 0.7 mi |
C 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.
The property was built in 1956 (68 years old) with no mention of renovations. The listing description specifically targets investors, contractors, and builders to 'create their own vision,' which, combined with the age exceeding the 50-year threshold for original structures, classifies it as a tear-down/land-value opportunity.
PROSSTRENGTHS & OPPORTUNITIES
- Corner Lot with Dual Access
The property sits on a generous 6,500+ square foot corner lot featuring two separate driveways, providing exceptional flexibility for ADU development, RV parking, or multi-generational living.
- High Investment Potential
Positioned as a prime opportunity for contractors and builders, this property offers a blank canvas to renovate or rebuild in a high-demand Costa Mesa neighborhood.
- Desirable Coastal Proximity
Located in Westside Costa Mesa near Fairview Park and Estancia High, the home benefits from a coastal-adjacent lifestyle and strong long-term appreciation potential.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property is marketed specifically for investors and builders, indicating that significant capital improvement and structural updates are necessary to make it move-in ready.
- Dated Infrastructure
Built in 1956, the home likely requires comprehensive upgrades to major systems such as electrical, plumbing, and roofing to meet current building codes and modern buyer expectations.
About 2245 Anaheim
Excellent opportunity for investors, contractors, builders, or buyers looking to renovate and create their own vision. Situated on a corner lot of over 6,500 square feet, the property offers two separate driveways with access from two sides of the lot, providing added flexibility and potential.With its desirable Costa Mesa location, generous lot size, and tremendous potential, this property presents an exciting opportunity for the right buyer. Close to Estancia High and Fairview Park.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Everett A. Rea Elementary School
Grades PK-6 • 0.4 mi
4/10
Pomona Elementary School
Grades PK-6 • 0.5 mi
4/10
Wilson Elementary School
Grades PK-6 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,296 | 1,808.331 |
| Lot Size | 6,500 | 6,450.805 |
| Price | $949.0K | $1.68M |
| Price per sq ft | $732 | $962 |
| Built year | 1956 | 1961 |
| HOA | $0 | $302 |
| Days on market | 9 | 51 |
Pricing History
Listed for Sale
Oct 16, 2026
$949,000
Initial Listing