1925 Wallace Avenue | MLS #CL25623849 | RE/MAX California & Hawaii

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.

Source: bridgeMLS, MLS#: CL25623849

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Property Type

Residential Income
Lot

0.42 acres

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Inmar Barrera
REALTOR®
RE/MAX EXECUTIVE
Direct 209-253-3292

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1925 Wallace Avenue

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
12/2/2025Source: bridgeMLS	Price Reduction	$2,599,999 -99.0%
12/2/2025Source: CRMLS	Price Reduction	$2,599,999 -99.0%
12/2/2025Source: bridgeMLS	Added to Database	December 02, 2025
12/1/2025Source: CRMLS	Added to Database	December 01, 2025

Listing provided courtesy of Colliers International Greater Los Angel- MLS# CL25623849