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1925 Wallace Avenue

Costa Mesa, CA 92627
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Bed 8

Bed

Bath 0

Bath

SqFt3,788

Sqft

SqFt18,295

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,599,999

AD Id : 69971364

MLS Id : 25623849

Beds : 8

Lot Size : 18,295 Sqft

Living Area Size : 3,788

Year Built : 1960

County : Orange

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 5
  • Interior Features

    Ceiling Fan(s)
    Appliances: Dishwasher, Microwave, Refrigerator
  • Heating & Cooling

    Cooling: None

  • Building Information

    Year Built: 1960
    Building Area Total: 3788
    Stories: 2
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 18295 Lot Size Acres: 0.42 Lot Size Source: Assessor Lot Size Square Feet: 18,295 Lot Description: Back Yard,Front Yard

  • Listing Price Information

    Listing Price: $2599999
    Original Price: $259900000

  • Tax Information

    Parcel Number: 42227116

  • Location Information

    Direction: Westside Costa Mesa
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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 5 3,887 4,136 Sqft
267 Mesa Dr, Costa Mesa, CA, 92627 $2,549,000 5 4 3,188 4,721 Sqft
273 Mesa, Costa Mesa, CA, 92627 $2,095,000 4 3 2,177 3,096 Sqft
223 Mesa Drive, Costa Mesa, CA, 92627 $2,300,000 3 2 1,968 9,583 Sqft
215 Mesa Drive, Costa Mesa, CA, 92627 $2,300,000 2 1 818 9,148 Sqft
317 University Drive #U.., Costa Mesa, CA, 92627 $2,699,999 5 3 2,430 9,148 Sqft
315 University Drive, Costa Mesa, CA, 92627 $2,675,000 2 2 1,225 9,148 Sqft
2611 Westminster, Costa Mesa, CA, 92627 $2,795,000 4 2 2,004 8,400 Sqft
2608 Fairway, Costa Mesa, CA, 92627 $2,995,000 5 4 2,403 7,200 Sqft
208 Calabria Court, Costa Mesa, CA, 92627 $1,299,995 3 3 1,733 3,003 Sqft

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ByOwner last updated this listing 09/08/2026 @ 13:36

MLS: 25623849 LISTED BY: Joseph Winkelmann, Colliers International Greater Los Angel 949-724-5500 SOURCE: CRMLS

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