About This Home

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.

Getting Around

Very Walkable

Some Transit

Bikeable

Schools

6/10

Pomona Elementary SchoolGrades K-60.4 mi

5/10

Charles W. Tewinkle Middle SchoolGrades 7-83.0 mi

6/10

Estancia High SchoolGrades 9-121.2 mi

Construction

Condition

Year built: 1960

Type & Style

Home type: MultiFamily
Property subType: Multi Family

Interior

Bedrooms & Bathrooms

Bedrooms: 8
Bathrooms: 5

Interior Area

Total structure area: 3,788
Total interior livable area: 3,788 sqft

Property

Details

Parcel number: 42227116

Features

Stories: 2

Lot

Lot size: 0.42 Acres

1925 Wallace Ave, Costa Mesa, CA, 92627