
Costa Mesa, California 92627
This property presents a High-Potential Investment Opportunity with a List Price of $1,899,000—positioned slightly above the $1,865,665 Fair Market Value. While the home carries a Condition Rating of 5, the 6,504 square foot lot and detached 3-car garage offer significant ADU development potential. Located in the desirable Newport Mesa Unified district, this asset serves as a blank canvas for a complete remodel. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the evolving coastal Costa Mesa market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 284 E 18th Subject | $1,899,000* List Price | 3 | 3 | 1,576 | $1,184 | - |
A 300 Alva Sold | $1,850,000 | 3 | 2 | 1,512 | $1,224 | 0.5 mi |
B 186 Buoy Sold | $1,950,000 | 3 | 2 | 1,452 | $1,343 | 0.7 mi |
C 2147 Aster Sold | $2,000,000 | 4 | 3 | 1,575 | $1,270 | 0.9 mi |
D 1809 Tustin Sold | $2,250,000 | 4 | 3 | 2,056 | $1,094 | 0.3 mi |
E 353 E 21st Sold | $1,425,000 | 3 | 1 | 1,069 | $1,333 | 0.7 mi |
F 195 Broadway Active | $1,900,000 List Price | 3 | 3 | 1,293 | $1,469 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 and not updated in over 30 years, the home features a highly dated kitchen with 1980s-style oak cabinetry and tile counters. The listing explicitly states the property requires major repairs and a complete remodel, indicating that systems and structural components likely need significant rehabilitation.
Situated in the highly sought-after Eastside Costa Mesa area, the property offers close proximity to 17th Street amenities and local beaches, ensuring strong long-term desirability and value.
The 6,504 square foot lot features a detached 3-car garage with the specific potential for an ADU addition, providing excellent opportunities for value-add investment or multi-generational living.
Offered for the first time in 30 years, this residence serves as a blank canvas for buyers to design a bespoke home that reflects modern coastal aesthetics in a dynamic neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home requires major repairs and a complete remodel, necessitating a substantial additional investment of time and capital beyond the initial purchase price.
The property is being sold in its current condition with no seller repairs, placing the full burden of due diligence and restoration costs entirely on the buyer.
Offered for sale for the first time in 30 years, this exceptional Costa Mesa property presents a rare opportunity in a dynamic and evolving location. Situated on an approximately 6,504 square foot lot, the approximately 1,576 square foot residence offers 3 bedrooms and 3 full bathrooms and is ready to be reimagined. The home requires major repairs and is well suited for a complete remodel, creating the opportunity to craft a custom residence that reflects the relaxed, design-forward character of coastal Costa Mesa living. The property also features a detached 3-car garage, additional carport space, and has the potential for an ADU addition above the garage. Ideally located near the amenities of 17th Street and just minutes from the beach, this is a compelling opportunity for buyers seeking to restore, customize, or invest. Sold AS-IS, with Seller to make no repairs. Buyers are advised to conduct their own investigations regarding condition, square footage, lot size, and development potential.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-2 • 0.6 mi
Grades 3-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,576 | 1,773.938 |
| Lot Size | 6,504 | 6,573.577 |
| Price | $1.90M | $1.69M |
| Price per sq ft | $1.2K | $976 |
| Built year | 1923 | 1961 |
| HOA | $0 | $342 |
| Days on market | 16 | 51 |
Aug 24, 2026
$1,899,000
Initial Listing
Apr 24, 1996
$288,000
Public Record