1925 Wallace Avenue
Costa Mesa, CA 92627
Active for $2,850,000
Beds: 8 Baths: 5 Structure Size: 3,788 sqft Lot Size: 18,295 sqft
| MLS | 24407777 |
| Year Built | 1960 |
| Property Type | |
| County | Orange |
| Status | Active |
| Active | $2,850,000 |
| Structure Size | 3,788 sqft |
| Lot Size | 18,295 sqft |
| Beds | 8 |
| Baths | 5 |
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 information courtesy of: Joseph Winkelmann, Colliers International Greater Los Angel . *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Steve Gutierrez-Kovner
REALTOR®
Direct: 818.749.5910
Email: Email Me
DRE: 01441197
DRE #01873088
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