445 E 20th Street, Costa Mesa, CA 92627

$3,950,000 Asking Price

2 beds
3 baths
2,293  sqft
Built in 1949

The opportunity to purchase this legendary Eastside Costa Mesa property has finally arrived. Located on a lot in excess of One-Half an Acre (24,259 square feet), this represents a very rare opportunity in Coastal Orange County. It’s ideally positioned near the border of Newport Beach (Irvine Ave - East), as well as the shopping & dining corridor of East 17th Street (3 blocks SW) in the lower Eastside neighborhood. A sprawling residence with Mission styling is set back on the lot and is guarded by a mature stand of Eucalyptus trees on the Street. Down the long driveway is a Carriage House Garage, with living area’s above and a workshop and bathroom behind the garage space. In the rear is a large pool, covered entertainment patio, and, of course, much more land! A complete restoration of the existing improvements is possible for a dedicated, talented, and well-funded Buyer. The current floor plan consists of 2 bedrooms, 2 bathrooms, a den and a family room with over 2200 square feet with some unique Architectural features. Of course, on a parcel of this size, the development potential for multiple New Residences & ADUs exists as well, subject to a complete analysis of the City of Costa Mesa guidelines. Finally, this is clearly an ideal location to design and construct a new custom residence, accessory dwellings, & garages in a private compound setting for a discerning Buyer. The existing improvements are in rent-ready condition with some minor improvements for an income flow while any plans for development are completed. We’re proud to offer this special property for public consideration and acquisition.


Features & Amenities

Interior

Laundry:
Inside
Flooring:
Concrete,Vinyl,Wood
A/C:
false, None
Heating:
true, Central,Forced Air,Fireplace(s),Natural Gas
Fireplace:
Library,Living Room, Fireplace

Exterior

General:
Barn(s),Outbuilding
Style:
Spanish
Other Structures:
Barn(s),Outbuilding
Pool:
In Ground,Private,Vinyl
Parking:
Door-Single,Driveway,Garage,Workshop in Garage, Parking spaces: 2

Construction

Windows:
French/Mullioned
General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Newport Mesa Unified
County:
Orange

Lot

Zoning:
42631245
View:
Trees/Woods, View

Utilities

Utilities:
220 Volts in Garage
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Pacific Coast Realty Group, Jeff McConville

About Costa Mesa, CA

Housing

Number of Units
45,042
Median Home Value
$809,752
Median Rent
$1,846

61.00% of housing units are renter occupied.

4.85% are vacant.

Commute

Car
56.06%
Public Transportation
1.19%
Walk to Work
1.72%
Work from Home
38.54%
Other
1.26%

The median travel time to work is 15 minutes.

People

Population
114,013
Median Age
36.10
Median Household Size
2.84

Education

High School
17.45%
Associate’s Degree
6.49%
Bachelor’s Degree
29.44%
Graduate Degree
13.20%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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