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734 20th

Costa Mesa, CA 92627

$950,000 Sale Price
Est. Payment: $ 0/mo
1
Bed
1
Bath
782 Sq. Ft.
$1,087 / Sq. Ft.
Sold

734 20th

Costa Mesa, CA 92627

Sold
$950,000 Sale Price
$0/mo
1
Bed
1
Bath
782
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # OC23132764 Lot Size 9,300 Sq. Ft.
HOA Fees $0/Monthly Property Type Single Family Residence
Price $ 850,000
Price Per SqFt: $ 1,087
DOM 648 Days
Address 734 20th Type Residential
City Costa Mesa Sq.Ft. 782 Sq. Ft.
Postal Code 92627 Garage 1
County Orange Year Built 1949
Bed / Bath 1 / 1 Parking 1
Built In 1949 Status Closed
Sold Date 2023-08-18
INTERIOR FEATURES
Has Laundry No
Laundry Information None
Has Fireplace No
Fireplace Information None
Has Heating No
Heating Information None
Room Information All Bedrooms Down
Has Cooling No
Cooling Information None
EntryLocation Front
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
EXTERIOR FEATURES
FoundationDetails Slab
Roof Shingle
Has Pool No
Pool None
Has Fence Yes
Fencing Block, Wood
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $907
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
08/01/2023 Pending $850,000
07/19/2023 Listed $850,000
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Listing provided courtesy of Danny Murphy, First Team Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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