Millman Team Real Estate

$259,900,000
8 Bed
5 Bath
3,788 Sqft
0.42 Acre Lot

1925 Wallace Avenue, Costa Mesa, California 92627

  • Residential Income Property Type
  • 3,788 Sqft Square Footage
  • On Street Cars Garage
  • 1960 Year Built
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.

Basic Details
Residential Income
For Sale
25623849
$259,900,000
None
8
5
3,788 Sqft
1960
0.42 Acre
Active
1
Features
: None
: None
: On Street, Uncovered
: Ceiling Fan(s)
$0
Appliances
: Dishwasher, Microwave, Refrigerator
Address Map
CA
Orange
Costa Mesa
92627
Wallace
1925
Avenue
W118° 4' 11.6''
N33° 38' 39.8''
West
Westside Costa Mesa
C2 - Southwest Costa Mesa
Additional Information
$0
$0
$0
$0
$0
3788
: Two
: Back Yard, Front Yard
4
2023-01-23
2
2
Broker/Agent Information
Colliers International Greater Los Angel
Joseph Winkelmann
Listing Information
CLW-C128037
CLW-X73445
Active
2025-12-01T20:28:08Z
CRMLS
: Standard
2023-01-23T00:00:00Z
Agent info
Ray Millman
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