308 E 18th Street, Costa Mesa, California 92627, Costa Mesa, 92627 - bed, bath

308 E 18th Street
Costa Mesa, California 92627
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 E 18th Street Subject | $4,100,000* List Price | 3,039 | $1,369 | - | ||
A 224 Flower Street Sold | $4,190,000 | 4 | 4 | 3,278 | $1,278 | 0.3 mi |
B 275 Walnut Sold | $4,300,000 | 5 | 5 | 3,271 | $1,315 | 0.4 mi |
C 418 Broadway Sold | $3,615,000 | 4 | 3 | 2,316 | $1,561 | 0.3 mi |
D 2042 Aliso Avenue W Sold | $3,795,000 | 4 | 3 | 2,306 | $1,646 | 0.7 mi |
E 1951 Aliso Avenue Sold | $2,995,000 | 3 | 3 | 2,515 | $1,191 | 0.5 mi |
F 452 Broadway Sold | $3,369,000 | 3 | 2 | 2,202 | $1,530 | 0.4 mi |
G 412 Magnolia Street Pending | $3,999,000 List Price | 4 | 4 | 2,909 | $1,375 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation to achieve a modern executive aesthetic. It features a high-end chef's kitchen with premium Thermador appliances and a quartz social island, along with updated flooring and professional accessibility modifications. While originally built in 1995, the quality of the recent upgrades and the lack of deferred maintenance align with the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Institutional Use Potential
The property occupies a rare zoning niche for Institutional and Recreational Use, making it a turnkey, high-yield asset for RCFE operators or boutique business startups.
- Accessibility Infrastructure
Equipped with a professionally installed accessible ramp and multiple main-level bedrooms/bathrooms, the home offers a significant 'speed-to-market' advantage for care facility licensing.
- Prime Eastside Location
Situated in a highly desirable pocket near 17th Street amenities and Hoag Hospital, the property combines a 3,039 sq. ft. modern executive interior with a large 8,500 sq. ft. lot.
CONSRISKS & DEFICIENCIES
- Aggressive Pricing Premium
The $4.1M list price reflects a massive premium compared to its $2.599M sale in 2022, which may be difficult to justify for buyers not utilizing the specialized business zoning.
- Niche Market Appeal
The modifications and layout optimized for high-capacity resident use may limit the property's appeal to traditional single-family residential buyers.
About 308 E 18th Street
Unlock an extraordinary high-yield investment in the heart of Eastside Costa Mesa. Positioned within a rare zoning niche that favors Institutional and Recreational Use. This is more than a home; it is a scalable business asset. Whether launching a boutique startup or scaling to a maximum-capacity facility, the bones and location of 308 E 18th St are unmatched for high-income potential. • Capacity & Scale: 3,039 Sq. Ft. of refined living space on 8,500 Sq. Ft. lot. Significant room for outdoor recreation or potential expansion of resident capacity. • Accessibility Ready: Professionally installed accessible approach ramp and multiple main-level bedrooms/bathrooms, drastically reducing initial "Speed-to-Market" licensing costs for RCFE operators. • Modern Executive Aesthetic: Open-concept chef’s kitchen with Thermador appliances and quartz social island; ideal for high-end nutritional programming or private chef services. • Strategic Location: Prime Eastside pocket with immediate access to 17th St amenities, Mariners Elementary zone, and Hoag Hospital/Newport medical hubs. • Operators can leverage the massive footprint to scale room count and resident capacity through city-approved reconfigurations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 8,506 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Mariners Elementary School
Grades PK-6 • 0.6 mi
Woodland Elementary School
Grades PK-2 • 0.6 mi
Heinz Kaiser Elementary School
Grades 3-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 2% |
| Baths | - | 3.0 | 2% |
| Square foot | 3,039 | 1,799.5 | 88% |
| Lot Size | 8,506 | 6,377.5 | 91% |
| Price | $4.10M | $1.66M | 95% |
| Price per sq ft | $1.3K | $1.0K | 84% |
| Built year | 1995 | 1957 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 157 | 1% |
Pricing History
Listed for Sale
Feb 11, 2026
$4,100,000
Initial Listing
Sold
Sep 26, 2022
$2,599,000
Public Record
Sold
Sep 21, 2020
$1,100,000
Public Record























































