379 Walnut Street, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 1 bath

379 Walnut Street, Costa Mesa, California 92627 home-pic-0

379 Walnut Street

Costa Mesa, California 92627

ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
3Beds
1Baths
1,050Sq Ft
9,235Lot Size

Property Price

LIST PRICE$2,295,000
EST. MARKET VALUE
$2,206,361
4% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$2,206,361
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
379 Walnut Street
Subject
$2,295,000*
List Price
311,050$2,101-
A
487 Flower Street
Sold
$2,300,000311,046$2,1990.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

Built in 1953 with no recorded major renovations, this property is explicitly marketed as a development opportunity to 'build new' or 'reimagine.' The listing emphasizes the expansive 9,235 sqft lot over the 1,050 sqft structure, indicating the value is almost entirely in the land and its redevelopment potential.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9235, living area = 1050.

CONSRISKS & DEFICIENCIES

About 379 Walnut Street

Set on a prized, quiet block in Eastside Costa Mesa, 379 Walnut Street presents a rare opportunity to create something truly special. This Mid-Century Modern residence offers approximately 1,050 square feet with 3 bedrooms and 1 bathroom, perfectly positioned on an expansive 9,235 square foot lot — a size that is increasingly hard to find in this coveted neighborhood. The property is ideal for a developer, investor, or end-user looking to expand, reimagine, or build new. With its generous lot dimensions and prime location, the possibilities for future value and customization are exceptional. Enjoy the charm of a peaceful street while being just minutes from the best of the Eastside lifestyle, including local dining, shopping, beaches, and top-rated schools. Opportunities like this — large lot, quiet street, premier Eastside location — are few and far between.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1953
Lot Size
9,235 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Costa Mesa Unified Schools

Woodland Elementary School

Grades PK-2 • 0.3 mi

/10

Mariners Elementary School

Grades PK-6 • 0.5 mi

8/10

Heinz Kaiser Elementary School

Grades 3-6 • 0.5 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.03.0
9%
Square foot1,0501,752.5
13%
Lot Size9,2356,377.5
94%
Price$2.29M$1.66M
76%
Price per sq ft$2.2K$1.0K
99%
Built year19531957
16%
HOA$0$0
50%
Days on market25157
1%

Pricing History

Listed for Sale

Feb 10, 2026

$2,295,000

Initial Listing

Sold

Aug 16, 1999

$340,000

Public Record

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