1925 Wallace Avenue
Costa Mesa, CA, 92627
$2,850,000
Beds
0 Baths
SqFt
0.42 Acres
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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.

Property Details

Price:
$2,850,000
MLS #:
24407777
Status:
Active
Baths:
0
Address:
1925 Wallace Avenue
Type:
Residential Income
Neighborhood:
c2southwestcostamesa
City:
Costa Mesa
Listed Date:
Jun 7, 2024
State:
CA
ZIP:
92627
Lot Size:
18,295 sqft / 0.42 acres (approx)
Year Built:
1960
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Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
None
Fireplace Features
None
Interior Features
Ceiling Fan(s)

Exterior

Parking Features
Uncovered, Street
Parking Spots
0.00
Stories Total
2
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None

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Tenant Pays
Gas, Electricity

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1925 Wallace Avenue
Costa Mesa, CA