Flip report generated Jun 3, 2025
The Flip Potential of
863 Towne St Costa Mesa, CA
is medium.
Current Specs
3 Bed / 2 Bath
1,796 sqft
$445 per sqft
Estimated Value$800,000
Flip Advice
863 Towne St sits in a hot Costa Mesa pocket, and at 1,796 sqft with 3 beds and 2 baths, it's bigger than most comps. Nearby similar-sized homes are trading between $1.1M and $1.5M, while this property last sold for $800K. That gap looks juicy, but here's the rub: the average comp price per sqft is around $850, nearly double this home's last list price per sqft. However, the property needs to match the upgraded finishes and extra baths of top comps to hit those numbers.
If you're an investor, focus your renovation budget on adding a second full bath and giving the interior a fresh, modern update—think open layouts, new flooring, and curb appeal. For homeowners looking to sell, even modest upgrades (paint, fixtures, landscaping) could drive interest and help close the value gap. Either way, don't skimp on the basics—Costa Mesa buyers are picky. Get a detailed contractor quote before moving forward.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.