1920 Wallace Avenue
Costa Mesa, CA 92627
0
Bed
0
Bath
4,718Sqft
18,430Sqft(Lot)
Rare opportunity to acquire a pride-of-ownership 8-unit investment property in the highly sought-after Westside Costa Mesa rental market, offered for sale for the first time in more than 25 years. Near 19th Street and Placentia Avenue, this well-maintained asset offers a combination of strong in- place income, stable occupancy, and long-term upside in one of Orange County's most desirable coastal submarkets. The property benefits from an exceptional location, placing residents within minutes of popular restaurants, breweries, coffee shops, shopping, beaches, and outdoor recreation. Convenient access to the 55 Freeway provides direct connectivity to Newport Beach, John Wayne Airport, major employment centers, and the greater Orange County transportation network, making the property highly a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1960 Building Area Total: 4,718 -
Pool Features
NoneLaundry Features
Washer Hookup,Gas Dryer Hookup
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4231 -
Lot Size Source: Public Records Lot Size Square Feet: 18430
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Listing Price Information
Original List Price: 3,190,000 Listing Contract Date: 2026-06-26 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 42226219
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Other Property Info
Source Listing Status: Active Source Neighborhood: C2 - Southwest Costa Mesa Directions: Wallace Ave and 19th St Source Property Type: Residential Income Area: C2 - Southwest Costa Mesa Property SubType: Apartment -
Building and Construction
Property Age: 66 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Front gate Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 137 The Masters Circle, Costa Mesa, CA, 92627 | $2,280,000 | 4 | 4 | 3,887 | 3,887 SqFt |
| 267 Mesa Dr, Costa Mesa, CA, 92627 | $2,695,000 | 5 | 4 | 3,188 | 3,188 SqFt |
| 302 Canoe Pond, Costa Mesa, CA, 92627 | $1,759,000 | 3 | 2 | 1,755 | 1,755 SqFt |
| 315 University Drive, Costa Mesa, CA, 92627 | $2,675,000 | 2 | 2 | 1,225 | 1,225 SqFt |
| 2342 Cynthia Court, Costa Mesa, CA, 92627 | $2,295,000 | 3 | 2 | 2,026 | 2,026 SqFt |
| 2336 Cynthia Court, Costa Mesa, CA, 92627 | $1,999,950 | 4 | 2 | 1,792 | 1,792 SqFt |
| 341 Vista Baya, Costa Mesa, CA, 92627 | $4,625,000 | 4 | 3 | 4,590 | 4,590 SqFt |
| 132 E 23rd Street, Costa Mesa, CA, 92627 | $1,695,000 | 3 | 2 | 1,881 | 1,881 SqFt |
| 2197 Santa Ana Avenue, Costa Mesa, CA, 92627 | $2,725,000 | 4 | 2 | 2,055 | 2,055 SqFt |
| 2011 Tustin Avenue, Costa Mesa, CA, 92627 | $1,995,000 | 3 | -- | 1,408 | 1,408 SqFt |
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ByOwner last updated this listing 07/02/2026 @ 02:47
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