2554 Elden Avenue B102, Costa Mesa, California 92627, Costa Mesa, 92627 - 2 bed, 3 bath
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Costa Mesa, California 92627
This Modernized Eastside Townhome is a Strong Value Opportunity, listed at $945,000—positioned well below the $995,000 Fair Market Value by 5%. This valuation gap provides $50,000 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the residence features a Quartz Kitchen, vaulted ceilings with custom skylights, and a rare Private Garage and Carport pairing. Located in the Newport Mesa Unified district near the Upper Back Bay, it offers a turnkey lifestyle with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors targeting high-demand coastal-close assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2554 Elden Avenue B102 Subject | $919,000* List Price | 2 | 3 | 1,434 | $641 | - |
A 2512 Santa Ana Ave 3 Sold | $975,000 | 2 | 3 | 1,308 | $745 | 0.4 mi |
B 345 University Drive F4 Active | $1,095,000 List Price | 4 | 3 | 1,348 | $812 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several modern updates. Key features include a kitchen with quartz countertops and stainless steel appliances, bathrooms with granite countertops, and brand-new carpeting upstairs. While the building dates to 1978, the interior finishes, vaulted ceilings with skylights, and updated flooring align with the 'good' condition criteria for a property that has been significantly updated but not fully reconstructed within the last five years.
Located in the highly desirable Eastside Costa Mesa, this property offers exceptional access to Newport Beach, the Upper Back Bay Nature Preserve, and major transit hubs like John Wayne Airport.
The townhouse is move-in ready with high-end upgrades including quartz countertops, stainless steel appliances, vaulted ceilings with custom skylights, and brand-new carpeting throughout the upper level.
The unit features a rare combination of a private one-car garage plus a covered carport directly in front, providing significant convenience and additional storage space compared to typical area condos.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1434, other record living area = 1317.
The property has seen multiple price reductions from its original list price, which may suggest initial overpricing or a struggle to gain traction in the current market environment.
Despite its premium location near the coast and nature preserves, the property lacks any significant views, which may be a disadvantage for buyers prioritizing aesthetic surroundings.
Highly sought after 2 Bdrm, 2 1/2 Bath Townhouse in Cedar Glen-Eastside Costa Mesa. Lovely Kitchen with Stainless Appliances. Includes KitchenAid Refrig, Frigidaire Gas Range & Dishwasher. Built-In Maytag Microwave. Quartz Countertops. Living room has Vaulted Ceilings, Custom Skylights and Flagstone faced Fireplace. Bathrooms have Granite Countertops. Wood & Tile Flooring, Wood shutters, Brand New Carpet Upstairs. New Full Size LG Washer & Dryer included. Private 1 Car Garage & 1 Covered Carport directly in front of the unit. Back Patio with BBQ included. Fabulous Community Pool & Spa. Move-In Ready! Walk to Fairgrounds & local restaurants, 5 to 10 minutes to Newport Beach locations. Minutes to Newport Beach Golf Course and John Wayne/SNA Airport. 4 block walk to Upper Back Bay-Newport Nature Preserve.
No exterior & parking available.
Grades 3-6 • 1.1 mi
Grades PK-2 • 1.4 mi
Grades PK-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,434 | 1,439 | 50% |
| Lot Size | 60,402 | 8,735.5 | 71% |
| Price | $919.0K | $1.16M | 33% |
| Price per sq ft | $641 | $764 | 17% |
| Built year | 1978 | 1980 | 33% |
| HOA | $470.0 | $366 | 63% |
| Days on market | 71 | 124 | 25% |
Apr 14, 2026
$919,000
$940,000
-2% Price Drop
Initial Listing
Apr 8, 2026
$940,000
$945,000
-1% Price Drop
Initial Listing
Mar 16, 2026
$945,000
$975,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$975,000
$995,000
-2% Price Drop
Initial Listing
Feb 10, 2026
$995,000
Initial Listing