1925 Wallace Avenue

Active

1925 Wallace Avenue

Costa Mesa CA, 92627

$2,850,000

$752.38 per sqft

Active

8 Beds

5 Baths

3,788 sqft

Residential

Built in 1960

Listed by Joseph Winkelmann with Colliers International Greater Los Angel 949-290-1260

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.

24407777

MLSⓇ ID

June 7, 2024

Listed

November 22, 2024

Updated

Map

1925 Wallace Avenue
Costa Mesa CA, 92627

Interior Features

Total Stories: 2
Bedrooms: 8
Total Bathrooms: 5
Interior Features: Ceiling Fan(s)
Appliances: Dishwasher, Microwave, Refrigerator
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Lot Size: 0.42 Acres

Other Property Details

Area Name: C2 - Southwest Costa Mesa
Days on Market: 69
Garage: No
Parking: On Street, Uncovered
Parking Total: 0
View: No
View Description: None
County: Orange
Pool: No

Listing Contact: 949-724-5500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/22/2024 at 5:49 PM UTC