1925 Wallace Avenue

About This Property

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.

Neighborhood

This property is located in Costa Mesa. Want to learn more about the area?

Explore Communities

Listing courtesy of Colliers International Greater Los Angel

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$2,599,999

Est. Monthly Payment

$16,614/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Schedule a Private Tour Ask About This Property

Listing Agent

Joseph Winkelmann

Colliers International Greater Los Angel