1925 Wallace Avenue, Costa Mesa

$2,850,000

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8

Beds

5

Baths

3,788

Square feet

0.42

Acres

Listing Agent
Joseph Winkelmann - Colliers International Greater Los Angel

About 1925 Wallace Avenue

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.

Features of 1925 Wallace Avenue

MLS® # 24407777
Price $2,850,000
Bedrooms 8
Bathrooms 5.00
Square Footage 3,788
Acres 0.42
Year Built 1960
Type Residential Income
Status Active

Community Information

Address 1925 Wallace Avenue
Area C2 - Southwest Costa Mesa
City Costa Mesa
County Orange
Zip Code 92627

Amenities

Parking On Street, Uncovered
Garages On Street, Uncovered
View None
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Appliances Dishwasher, Microwave, Refrigerator
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Additional Information

Date Listed June 7th, 2024
Days on Market 159
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentJoseph Winkelmann
OfficeColliers International Greater Los Angel

Listing Map

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