$2,850,000
1925 Wallace AVE Costa Mesa, CA 92627
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$2,850,000
Est. payment /mo
8 Beds
5 Baths
3,788 SqFt
UPDATED:
09/30/2024 06:39 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,788 sqft
Price per Sqft $752
MLS Listing ID 24407777
Bedrooms 8
HOA Y/N No
Year Built 1960
Lot Size 0.420 Acres
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.
Location
State CA
County Orange
Area C2 - Southwest Costa Mesa
Interior
Interior Features Ceiling Fan(s)
Cooling None
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Parking Features On Street, Uncovered
View Y/N No
View None
Attached Garage No
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42227116
Special Listing Condition Standard
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Listed by Joseph Winkelmann • Colliers International Greater Los Angel
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130