1925 Wallace Ave Active

Costa Mesa,CA 92627

$ 2850000

8 Beds

5 Baths

3788 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,788 sqft

Price per Sqft $752

MLS Listing ID 24-407777

Style Low Rise

Bedrooms 8

Construction Status No Additions/Alter

Year Built 1960

Lot Size 0.420 Acres

Acres 0.42

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 Southwest Costa Mesa

Rooms

Other Rooms None

Interior

Heating Other

Cooling None

Fireplaces Type None

Equipment Ceiling Fan, Microwave, Water Conditioner, Refrigerator, Ice Maker, Range/Oven, Dishwasher, Freezer

Exterior

Garage Uncovered, On street, Detached

Waterfront Description None

View Y/N No

View None

Building

Story 2

Architectural Style Low Rise

Level or Stories Two

Construction Status No Additions/Alter

Others

Special Listing Condition Standard

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