345 University, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 3 bath
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345 University
Costa Mesa, California 92627
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,348Sq Ft
147,629Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$972,258
7% AboveMARKET VALUE
SUMMARY
This Turnkey Townhouse in the Woodstream community is a Strong Value Opportunity, listed at $1,050,000—positioned slightly above the $1,016,941 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating with high-end upgrades like a remodeled kitchen and bamboo flooring. Located in the Newport Mesa Unified district near top-rated schools like Mariners Elementary, this home offers a premium coastal lifestyle. It is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready residence with immediate access to Newport’s best amenities.
Estimated Market Value
$972,258
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 |
|---|---|---|---|---|---|---|
★ 345 University Subject | $1,050,000* List Price | 3 | 3 | 1,348 | $721 | - |
A 365 Monte Vista Sold | $1,250,000 | 3 | 3 | 1,574 | $794 | 0.2 mi |
B 133 Cecil Place B Sold | $1,050,000 | 3 | 3 | 1,550 | $677 | 1.0 mi |
C 133 Cecil Place D Sold | $1,040,000 | 3 | 3 | 1,531 | $679 | 1.0 mi |
D 2687 Orange B Active | $1,169,000 List Price | 3 | 3 | 1,551 | $754 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1974, the property has been well-maintained and features significant updates including a remodeled kitchen, bamboo flooring, and updated bathrooms. The interior is move-in ready and functional, aligning with the 5-15 year renovation criteria for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior Finishes
The property features high-end upgrades including a remodeled kitchen, elegant bamboo flooring, and plantation shutters, offering a move-in-ready experience.
- Superior Natural Light and Layout
As a private corner unit with vaulted ceilings and a large skylight, the home offers an expansive, airy atmosphere complemented by a versatile upstairs loft.
- Prime East Costa Mesa Location
Ideally situated near Back Bay trails, Newport’s best beaches, and top-rated schools like Mariners Elementary, providing an exceptional coastal lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1348, other record living area = 1173.
- Property Age
Built in 1974, the home may require more frequent maintenance or updates to original infrastructure compared to newer constructions.
- Recurring HOA Expenses
The $440 monthly association fee represents a significant ongoing carrying cost that buyers must factor into their overall monthly budget.
About 345 University
Welcome to this warm and inviting 3-bedroom, 2.5-bath home located in the highly desirable Woodstream community. This private corner unit offers 1,348 sq. ft. of living space. Vaulted ceilings and a large skylight fill the home with abundant natural light, enhancing the expansive living space and creating an open, airy atmosphere. The interior features elegant bamboo flooring, plantation shutters, and a remodeled kitchen with modern finishes and thoughtful design—perfect for everyday living and entertaining. Enjoy the convenience of a private front patio, perfect for relaxing outdoors, along with the added benefit of a two-car garage providing ample parking and storage. A versatile upstairs loft flex space provides endless possibilities, whether you envision a private home office, fitness area, cozy reading nook, or creative retreat. The spacious primary suite offers a peaceful escape with an ensuite bathroom and walk-in closet, while two additional generously sized bedrooms provide flexibility for family, guests, or additional workspace. The remodeled upstairs bathroom features a tub and stylish updates. Just a short stroll to the community pool and clubhouse, and minutes from Back Bay trails, top schools, John Wayne Airport, and Newport's best beaches and restaurants. With thoughtful upgrades, a desirable floor plan, and a prime location, this home is ready to welcome its next owner.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1974
- Lot Size
- 147,629 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $440.0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Heinz Kaiser Elementary School
Grades 3-6 • 1.1 mi
8/10
Woodland Elementary School
Grades PK-2 • 1.3 mi
0/10
Mariners Elementary School
Grades PK-6 • 2.0 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,348 | 1,476.933 |
| Lot Size | 147,629 | 14,034.067 |
| Price | $1.05M | $922.2K |
| Price per sq ft | $779 | $696 |
| Built year | 1974 | 1979 |
| HOA | $440.0 | $487 |
| Days on market | 35 | 53 |
Pricing History
Listed for Sale
Aug 5, 2026
$1,050,000
Initial Listing
Sold
May 26, 2000
$228,500
Public Record