
Costa Mesa, California 92627
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $1,498,000—positioned well below the $1,550,084 Fair Market Value by 3%. This valuation gap offers $52,084 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a modern renovation, panoramic Back Bay views, and a sophisticated primary suite. Located in the Newport-Mesa Unified district with access to top-rated schools, this property is an ideal sanctuary for Owner-Occupants or discerning professionals seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2463 Irvine Avenue A2 Subject | $1,498,000* List Price | 3 | 3 | 1,904 | $814 | - |
A 2528 Alder Lane Sold | $1,450,000 | 3 | 3 | 1,495 | $970 | 0.7 mi |
B 2435 Marseilles Way Sold | $1,350,000 | 3 | 2 | 1,650 | $818 | 0.1 mi |
C 302 Canoe Pond Active | $1,759,000 List Price | 3 | 3 | 1,755 | $1,002 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1983 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinetry, stainless steel appliances, and updated lighting. The interior boasts consistent modern flooring, recessed lights, and updated bathrooms, presenting in mint, move-in-ready condition.
The property boasts desirable views of the Back Bay from the front terrace, a premium feature in East Costa Mesa that enhances the living experience and property value.
Located within the Newport-Mesa Unified district, the home provides access to highly-rated institutions such as Mariners Elementary and Kaiser Elementary, making it a prime choice for families.
The spacious main bedroom serves as a private retreat, featuring its own fireplace, a dedicated sitting area, a private balcony, and a large bathroom with a stone floor shower.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1960, other record lot size in square feet = 2047.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1960, living area = 1904.
With a lot size of 1,960 sqft nearly equal to the 1,904 sqft living space, the property offers very limited yard space, which may not suit buyers looking for traditional garden areas.
Views of Back Bay from the front Terrace. This Beautiful 3 bedroom 2 1/2 bath 2 story home is ready to move in. From its open and airy front foyer to the wide staircase leading upstairs to the living room and kitchen. There are 2 bedrooms downstairs with a full bath. Laundry is downstairs as well. The living room has a beautiful fireplace and leads you directly out to the terrace for evening relaxing. The kitchen is well appointed and plenty of room for lots of cooks! There is a guest bathroom and further down the hall is the main bedroom. There is a lovely sitting area with a fireplace and a balcony off the main bedroom too! Check out the large main bathroom with its tub and stone floor shower. Let's not forget the backyard with seating area and built in BBQ
No exterior & parking available.
Grades 3-6 • 0.9 mi
Grades PK-2 • 1.1 mi
Grades PK-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,904 | 1,654.5 |
| Lot Size | 1,960 | 6,561 |
| Price | $1.50M | $1.62M |
| Price per sq ft | $787 | $1.0K |
| Built year | 1983 | 1960 |
| HOA | $450.0 | $480 |
| Days on market | 15 | 46 |
Jul 7, 2026
$1,498,000
Initial Listing
Oct 7, 2014
$695,000
Public Record
Oct 28, 2011
$440,000
Public Record
Nov 16, 2005
$785,000
Public Record
Dec 3, 2001
$395,000
Public Record
Aug 3, 1993
$270,000
Public Record