1925 Wallace Avenue

Costa Mesa, CA
$ 2,599,999 Beds 8 Baths 1 Sq 3,788
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,599,999
  • City
  • Costa Mesa
  • Bedrooms
  • 8
  • Full Bathrooms
  • 1
  • County
  • Orange
  • Half Bathrooms
  • 0
  • Area
  • Southwest Costa Mesa
  • Lot Size
  • 0.42 Acres
  • Zip
  • 92627
  • Sqr Footage
  • 3,788
  • Year Built
  • 1960
  • Style
  • MLS#
  • 25623849
Listed By: Joseph Winkelmann with Colliers International Greater Los Angel;
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 3788
Cooling None
Appliances Dishwasher,Microwave,Refrigerator
Year Built 1960
Tenant Pays CableTv,Electricity,Gas
View None
Stories Count 2
Levels Two
Gross Income 46800
County Orange
Net Operating Income 44225.84
New Construction false
Property Type ResidentialIncome
HOA false
Attached Garage false
Facing Direction West
Special Listing Conditions Standard
Status Active
Directions Westside Costa Mesa
City Costa Mesa
Senior Community Y/N false
Number Of Units Total 4
MLS Area C2 - Southwest Costa Mesa
Lot Size Units SquareFeet
Lot Size Square Feet 18295
Property Attached Y/N true
Additional Parcels Y/N true
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
PostalCity COSTA MESA

Interior Features

Interior Amenities CeilingFans
Fireplace Features None
Total Stories 2
Common Walls OneCommonWall
Air Conditioning Y/N false
Fireplace Y/N false
Total Bedrooms 8
LivingAreaSource Assessor
Total Baths 5

Exterior Features

Parking Features OnStreet,Uncovered
Lot Features BackYard,FrontYard
Lot Size Area 18295
Number of Buildings 1
Building Area Total 3788
Lot Size Acres 0.42
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/8/2026 Listed $2,599,999

Property vs Zip Code Average in 92627

Price
AVG $1.9M
$2.6M
Year Built
AVG 1976
1960

Areas That We Cover

1925 Wallace Avenue Costa Mesa, CA is a Single Family Home for sale at $2599999 with 3788 sqft and a lot size of 0.42 Acres Acre(s). 1925 Wallace Avenue Costa Mesa has 8 bedrooms, 1 baths and was built in 1960. The property's zip code is 92627 which is in Costa Mesa, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.