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Listed by: Joseph Winkelmann (949) 724-5704 DRE #01259378 | Colliers International Greater Los Angel (949) 724-5500
$2,599,999
8 Beds
- 5 Baths
3,788sqft
1925 Wallace Ave, Costa Mesa, CA 92627
$2,599,999
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Multi Family
Built in 1960
$-- HOA
18,295 sqft lot
$686/sq.ft
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
3,788 sqft
Lot Size
18,295 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25623849
MLS Status
Active
Days on Market
1047
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