330 University Dr - Residential LAND FOR SALE


Costa Mesa, CA 92627 8,276 SF
$2,049,000 USD
310-382-1063
330 University Dr, Costa Mesa, CA for Sale
$2,049,000 USD
Residential LAND - FOR SALE
1/16
8,276 SF

330 University Dr
Costa Mesa, CA 92627


HIGHLIGHTS

  • Recent up-zoning (R4) provides a world of new development opportunities in a prime location
  • Potential to build luxury condominiums/apartments, a student housing complex for UCI, or affordable housing apartment units
  • Based on Government Code 66323 a(4)(A) you may have up to as many detached ADUs as there are existing multifamily units on the lot.

OVERVIEW

Investors and Builders With a recent rezoning by the County of Orange, this highly desirable property offers unparalleled flexibility and development potential, setting it apart from any other on the market in the Newport - Mesa area. Just 350 yards or so from the serene waters of Newport’s Back Bay, this 8,275-square-foot property is ideally located in an unincorporated area of Eastside Costa Mesa. Considering building six new townhomes? How about up to 14 apartments? This property is zoned for both, with a maximum height allowance of 35 feet Alternatively, design your dream home—or even two! You could also renovate the existing 1,400 sqft 3-bedroom, 1.5-bath residence while capitalizing on its two oversized garages and onsite parking for up to 20 vehicles.

FOR SALE DETAILS

PRICE

$2,049,000 USD

PRICE/ACRE

$10,786,035/AC

PRICE/SF

$248 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

330 University Dr, Costa Mesa, CA

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Subsdzd

LAND ACRES

0.19 AC

LAND SF

8,275 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R4

APN/PARCEL ID

439-092-13

ASK ABOUT THIS PROPERTY

Jack MccannLyon Stahl Investment Real EstateMore Info
310-382-1063

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Jack MccannLyon Stahl Investment Real EstateMore Info
310-382-1063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.