1925 Wallace Avenue, Costa Mesa, CA 92627

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Property Description

Unique opportunity for Value-Add Investment. Two contiguous properties totaling 18,295 sq. ft of land. Front property consists of (4) two bedroom, 1/2 bath units. Existing leases are all short term, two units will be delivered vacant thus giving the new buyer to increase rents. Back lot is all paved in asphalt and the City of Costa Mesa will approve the development of 3 additional residential units.


Interior Features

Bedroom Information
Bedrooms 8
Bathroom Information
Bathrooms 5
Interior Information
Features Ceiling Fan(s)
Cooling Type None

Listing Information

Address 1925 Wallace Avenue
City Costa Mesa
State CA
Zip 92627
County Orange
Listing Agent Joseph Winkelmann DRE #01259378
Courtesy Of Colliers International Greater Los Angel
List Price $2,850,000
Status Active
Type Residential Income
Structure Size 3,788
Lot Size 18,295
Year Built 1960

Listing information courtesy of: Joseph Winkelmann, Colliers International Greater Los Angel. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.