1925 Wallace Avenue Costa Mesa, CA ^$ 2,599,999

1925 Wallace Avenue

^$ 2,599,999

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Recently Listed

1925 Wallace Avenue

Costa Mesa, CA, 92627

^$ 2,599,999

Bedrooms8 Baths1.0 Sq 3,788

Monthly Estimate*

^$ 16,221

Listed by Colliers International Greater Los Angel

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 1

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 2

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 3

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 4

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 5

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 6

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 7

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 8

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 9

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 10

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 11

1925 Wallace Avenue, Costa Mesa, CA 92627 - Image 12

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Multi-Family Home for sale in Costa Mesa, CA

for $2,599,999 with 8 bedrooms and 1 full bath. This 3,788 square foot home was built in 1960 on a lot size of 0.42.

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.

Multi-Family Active

Price

^$ 2,599,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.42

Year Built

1960

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

25623849

Days on Market

1,063

Features

General

Living Area 3788

Cooling None

Appliances Dishwasher Microwave Refrigerator

Year Built 1960

Tenant Pays Cable TV Electricity Gas

View None

Stories Count 2

Levels Two

Gross Income 46800

County Orange

Net Operating Income 44225.84

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

Facing Direction West

Full Baths 0

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 Square Feet

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

Interior

Interior Amenities Ceiling Fan(s)

Fireplace Features None

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N false

Fireplace Y/N false

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 8

Total Baths 5

Exterior

Parking Features On Street Uncovered

Lot Features Back Yard Front Yard

Total Parking 0

Lot Size Area 18295

Number of Buildings 1

Building Area Total 3788

Lot Size Acres 0.42

Lot Size Source Assessor

* Excluded Features

List By

Colliers International Greater Los Angel

Broker

joe.winkelmann@colliers.com

Affordability Calculator

$16,221

Per Month

Monthly Principal & Interest: $16,221
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Costa Mesa, CA

Average List Price ^$3,472,818

Percent of Sale Price 34%

About Costa Mesa, CA

114,059 Population

4% Since 2002

^$74,468 Median Income

36.81 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$2,599,999	-99.00%	Price Down
12/1/2025	$259,900,000		Listed Price

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1925 Wallace Avenue, Costa Mesa, CA, 92627 is a Multi-Family Home for sale at $2,599,999 with 3,788 sqft and a lot size of 0.42. 1925 Wallace Avenue has 8 bedrooms, 1.0 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 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1925 Wallace Avenue

Multi-Family Home for sale in Costa Mesa, CA

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