Costa Mesa, CA 92627,734 20th
Costa Mesa, CA 92627,734 20th
Costa Mesa, CA 92627,734 20th
43
$950,000
$850,000
11.8%
Est.Price: ?

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1 BD
1 BA
782 SqFt

734 20th Costa Mesa, CA 92627

Est. payment /mo
SOLD DATE : 08/18/2023

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Key Details

Sold Price $950,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 782 sqft

Price per Sqft $1,214

Subdivision Mesa West (Mwst)

MLS Listing ID OC23132764

Bedrooms 1

Full Baths 1

Year Built 1949

Lot Size 9,300 Sqft

Property Description

CALLING ALL INVESTORS/BUILDERS/DEVELOPERS looking for an exceptional value-add opportunity! Located in the highly sought after Westside of Costa Mesa, 734 West 20th St is one of the only large lots available in this quickly up and coming areas of Costa Mesa that is being sold for land value. At approximately 9,300 square feet this lot is zoned for ?R-2 high density? use, which according to the City of Costa Mesa could allow for up to 5 units on the lot. Think a large house and 2 ADUs, or a triplex and 2 ADU?s?the possibilities are extensive given state/city development ordinances currently in place and the opportunity to develop this lot to realize it?s full potential is significant. An owner can occupy a unit and rent others out for cashflow, or an investor can build and sell. There are many in-fill properties in and around this area to reference for ideas and comparables. 2167 Miner St is located nearby and sold for $900k in March of 2023. This property is centrally located to the world class beaches of Newport and Huntington, the fine dining and entertainment of Triangle Square, South Coast Plaza, Fashion Island, Pacific City, and the walking and biking trails at the Newport Back Bay, multiple parks and golf courses, John Wayne Airport, and the 55, 405, PCH and toll roads. The lot currently has a small house (approximately 800 square feet) that is not suitable for occupancy. The property is being sold AS-IS and all personal items will remain. Hypothetical renderings for how the land could be used will be uploaded ASAP and are for visual purposes only.

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Interior

Heating None

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Block, Wood

Pool None

Community Features Storm Drain(s), Street Lights, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Building

Lot Description No Landscaping, Near Park, Rectangular Lot, Street Level

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Pomona

Middle Schools Tewinkle

High Schools Estancia

School District Newport Mesa Unified

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Danny Murphy • First Team Real Estate
Bought with Danny Murphy • First Team Real Estate

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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