Two ways I can think of doing that with one div: using ::before or ::after for the border, or using a combo of background gradient and rotation.Heading out the door now, so can’t test.
You could do it with of off ANY preexisting content element, for which you can generate at least ONE pseudo element.
The idea here is, similar what ralph was probably going to suggest.
Essentially:
create a pseudo element and make it a block level element, size it to a desired ratio
Put a transparent border around it , with the desired color on two sides
create a diagonal gradient, use background position/ background clip to fine tune.
Rotate to taste!
<html>
<head>
<title></title>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<meta name="viewport" content="width=device-width">
<style type="text/css">
.cont{position: relative; }
.cont:before{
content: '';
position: absolute;
bottom:-29px;
left:29px;
background: -webkit-gradient(linear, left top, right bottom, color-stop(0%,#207cca), color-stop(50%,#207cca), color-stop(50%,transparent), color-stop(100%,transparent));
height: 50px;
width:50px;
border:3px solid transparent;
border-top:3px solid red;
border-left:3px solid red;
-webkit-transform: rotate(-135deg);
background-clip: content-box;
box-shadow: -3px -3px 2px #555;
text-decoration: none;
color:#fff;
display:block;
}
.cont:hover:before{box-shadow: -1px -1px 0 #fff, -2px -2px 1px #000;}
</style>
</head>
<body>
<div class='cont'>
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
</div>
</body>
</html>