1925 Wallace Avenue

Costa Mesa, CA 92627
Beds
8
Baths
5
Square Ft.
3,788
Property listed by Colliers International Greater Los Angel, Joseph Winkelmann 949-724-5500
$2,599,999
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 allRead MoreRead Less
Listing Snapshot
Days Online
1073
Last Updated
Beds
8
Square Ft.
3,788
Lot Size
0.42 Acres
Year Built
1960
MLS Number
25623849
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Refrigerator
Building
Built in 1960, Living area: 3788.0, 1 building, Building faces West, 2 stories, Levels: Two
Cooling
None
Fireplaces
None
Income
Gross Income: $46,800, Net Operating Income: $44,225.8
Interior Features
CeilingFans
Lot
0.42 acres, BackYard, FrontYard
Parking
OnStreet, Uncovered
Taxes
Additional parcels description:, Parcel Number: 42227116
Tenant Pays
CableTv, Electricity, Gas
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Francisco J. Ortiz
CEO | Broker Associate
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.