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8-Bedroom ResidentialIncome — 1925 Wallace Avenue, Costa Mesa, CA

$2,599,999

1925 Wallace Avenue, Costa Mesa, CA

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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.

Property details

Bedrooms
8
Bathrooms
5
Square feet
3,788
Year built
1960
Property type
ResidentialIncome

Location

1925 Wallace Avenue • Costa Mesa, CA 92627

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Listed by

Joseph Winkelmann · Colliers International Greater Los Angel