544 Bernard Street, Costa Mesa, California 92627, Costa Mesa, 92627 - 5 bed, 3 bath
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544 Bernard Street
Costa Mesa, California 92627
ACTIVE
CONDITION: POOR
5Beds
3Baths
2,668Sq Ft
11,761Lot Size
Property Price
LIST PRICE$1,600,000
EST. MARKET VALUE
$1,576,959
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,600,000—positioned slightly above the $1,576,959 Fair Market Value. While the property requires a full renovation, its Condition Rating of 5 is offset by significant Development Potential, including approved plans for a Duplex Conversion on an expansive 11,761 sq. ft. lot. Located in the Newport Mesa Unified School District, this asset offers a strategic value-add play for Buy-and-Hold Investors or Contractors capable of executing the city-mandated compliance remodel.
Estimated Market Value
$1,576,959
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 |
|---|---|---|---|---|---|---|
★ 544 Bernard Street Subject 5 bd · 3 ba · 2,668 sqft · $591 | $1,600,000* List Price | 5 | 3 | 2,668 | $591 | - |
A 2123 Wallace Active Under Contract 4 bd · 2 ba · 1,618 sqft · $739 · 0.7 mi | $1,195,000 List Price | 4 | 2 | 1,618 | $739 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1977, this 49-year-old property is sold as-is and explicitly requires a full renovation. The listing notes a mandatory Compliance Agreement with the City of Costa Mesa for remodeling, indicating significant deferred maintenance, potential code violations, or structural rehab needs.
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 = 11761, living area = 2668.
- Great Schools
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
- Development Potential
The property includes plans for a duplex conversion totaling 2,668 sq. ft., offering a significant value-add opportunity for investors or multi-generational buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11761, other record lot size in square feet = 11676. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
- Extensive Renovation Required
Sold in 'as-is' condition and requiring a full remodel, the property necessitates a substantial capital injection and construction expertise beyond the purchase price.
- Regulatory Compliance Hurdles
The buyer must adhere to a specific Compliance Agreement with the City of Costa Mesa, which may involve bureaucratic complexities and strict timelines for the renovation.
About 544 Bernard Street
Two-story single-family residence requiring renovation and older detached single family-residence- sold as-is. Sale includes plans for conversion of main residence into a duplex totaling 2,668 sq. ft. with off-street parking. Buyer to remodel property pursuant to a Compliance Agreement with the City of Costa Mesa
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Everett A. Rea Elementary School
Grades PK-6 • 0.4 mi
4/10
Pomona Elementary School
Grades PK-6 • 0.5 mi
4/10
Wilson Elementary School
Grades PK-6 • 1.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.7 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,668 | 1,808.331 |
| Lot Size | 11,761 | 6,450.805 |
| Price | $1.60M | $1.68M |
| Price per sq ft | $600 | $962 |
| Built year | 1977 | 1961 |
| HOA | $0 | $302 |
| Days on market | 34 | 51 |
Pricing History
Listed for Sale
Sep 21, 2026
$1,600,000
Initial Listing
Sold
May 31, 2001
$599,000
Public Record