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.
AGENT: Joseph Winkelmann LISTING BROKERAGE: Colliers International Greater Los Angel
Courtesy of Colliers International Greater Los Angel. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1925 Wallace AV
Costa Mesa, CA
Property Details
Price:
$2,599,999
MLS #:
25623849
Status:
Active
Beds:
8
Baths:
5
Type:
Single Family
Neighborhood:
c2southwestcostamesa
Listed Date:
Dec 1, 2025
Finished Sq Ft:
3,788
Total Sq Ft:
3,788
Lot Size:
18,295 sqft / 0.42 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Appliances
DW, MW, RF
Cooling
NO
Interior Features
CF
Levels
U
Exterior
Common Walls
_1CW
Direction Faces
W
View
NO
Financial
Map
Community
- Address1925 Wallace AV Costa Mesa CA
- CityCosta Mesa
- CountyOrange
- Zip Code92627
