$2,599,999

1925 Wallace Avenue, Costa Mesa, CA 92627

  • 8 beds
  • 3,788 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $686/sqft
  • Property List Date Icon Listed 3 years ago

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.

Listing Status:
Active
Date Added:
January 23, 2023
Data Last Updated:
February 7, 2026 at 2:09PM
Listing Office:
Colliers International Greater Los Angel : 949-724-5500
Listing Agent:
Joseph Winkelmann : 949-724-5704
MLS ID:
CL25623849
  • A/C: No Air Conditioning
  • General: Back YardFront Yard
  • Parking: OtherUncovered Parking SpaceStreet Parking
  • Originating MLS: CRMLS
  • County: Orange
  • Zoning: 42227116
  • View: None
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Joseph Winkelmann , Colliers International Greater Los Angel

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pomona Elementary School

2051 Pomona Ave, Costa Mesa, CA, 92627

Grades KG-6

0.37 miles away

H

Horace Ensign Intermediate School

2000 Cliff Dr, Newport Beach, CA, 92663

Grades 7-8

1.89 miles away

E

Estancia High School

2323 Placentia Ave, Costa Mesa, CA, 92627

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.