308 Flower Street, Costa Mesa, CA 92627

$2,185,840

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Sold Price
$2,185,840
List Price
$2,300,000
Closing Date
Oct 24, 2025
Status
CLOSED
MLS#
OC25138137
Year Built
1945
Lot Size
6,970
Acres
0.16
Lot Location
Back Yard, Front Yard, Lawn
Days on Market
59
Property Type
Single Family Residential
Style
Ranch
Property Sub Type
Single Family Residence
Stories
One Level, Two Levels
Neighborhood
Eastside North (Encm)

Property Description

Welcome to 308 Flower Street, a versatile income-producing property nestled in one of Costa Mesa’s most sought-after neighborhoods. Sitting on a spacious 6,970 sq ft lot, this property features three separate units with a garage that as the potenital to house six cars and a long driveway. The front house offers 3 bedrooms and 2 bathrooms with a traditional layout, perfect for an owner-user or long-term tenant. The second unit is a charming 1 bed, 1 bath recently renovated. The third unit, also a 1 bed, 1 bath, has a flexible layout with potential to convert into two separate units, creating even more income upside. This property is surrounded by high-end new construction, this is a fantastic opportunity for a family looking to offset their mortgage with rental income, or a builder/investor looking to maximize the lot’s full potential. Minutes from the beach, top schools, restaurants, this one checks all the boxes. Floor plan in the pictures. Front residence 3 bed/ 2 bath, White roof 1 bed/ 1 bath, above the garage 1bed/1 bath with potential for an additional 1bed/1 bath.

Additional Information

Other Buildings
Shed(s)
Appliances
Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
Pool Description
None
Fireplace Description
Bath, Dining Room, Family Room, Living Room
Heat
Central
Cooling Description
None
View
None
Roof
Composition
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Bar
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$133,200
Operating Expense
12000

Listing courtesy of Listing Agent: John Kelly (JohnKelly@CostaMesaLiving.com) from Listing Office: Seven Gables Real Estate.

Listing sold by Annie Clougherty from Compass

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.