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$1,850,000
17 Days Online

2097 Wallace Avenue
Costa Mesa, CA 92627

For Sale|Multi-Family|Active
County:
Orange
Listed by Ali Ghandour of Circa Properties, Inc. ?
Call Now: 1-949-278-4461
Is this the home for you? We can help make it yours.
1-949-278-4461
2097 Wallace Avenue2097 Wallace Avenue2097 Wallace Avenue2097 Wallace Avenue
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Introducing an attractive investment opportunity at 2097 Wallace in the vibrant city of Costa Mesa, California. This modern, cottage-style triplex presents a compelling value with a strong 5.2% capitalization rate. Each of the three units has been meticulously renovated to offer high-end, contemporary living spaces. Features include new flooring, fresh interior and exterior paint, and fully updated kitchens with granite countertops and shaker cabinets. Bathrooms have full tile showers making them instantly appealing to prospective tenants. The property includes essential appliances such as refrigerators and gas stoves, along with ceiling fans throughout, enhancing tenant comfort and appeal. Each unit benefits from its own private yard, a desirable feature for all types of tenants including those with children or pets. Individual laundry hookups add a layer of convenience. Secure this turnkey property to capitalize on its excellent location and modern amenities, ensuring a steady revenue stream and robust return on investment. Unit Mix: 3 Units. Each unit has 2 Beds | 1 Bath | 750 sqft. Individual yards and laundry hookups. Detached two car garage could be additional revenue or potential ADU for a 4th Unit. Each unit is separately metered for gas and electric. New: Roof, Kitchens, Bathrooms, Sub Panels, Plumbing, Doors, Fencing and Irrigation.

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Listing Snapshot
Price 
$1,850,000
Days Online 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,344 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1729 Acres
Year Built 
1958
MLS® Number 
PW24083652
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Style 
Cottage
Construction 
DrywallStuccoWood Siding
Parking 
None
Parking Spaces 
2
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.1729
Water 
Public
Property Sub Type 
Triplex
Garage Spaces 
2
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Foundation 
Raised
Listing Conditions 
Standard
Property Condition 
Turnkey
Direction Faces 
East
Interior Features
Cooling 
None
Heating 
Wall Furnace
Appliances 
Gas OvenGas RangeMicrowaveRefrigerator
Flooring 
Vinyl
Interior 
CeilingFansQuartzCountersRecessedLighting
Fireplace Features 
None
Laundry Features 
Washer HookupElectric Dryer HookupGas Dryer HookupOutside
Window Features 
Double Pane Windows
Fireplace 
No
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Exterior Features
Roof 
Shingle
View 
None
Fencing 
Wood
Spa 
No
Pool Features 
None
Spa Features 
None
Pool Expense 
0
Lot 
Item25 Units AcreCorner LotSprinkler System
Road Frontage 
City Street
Community Features
Association Dues 
0
Community Features 
CurbsStorm DrainsStreet LightsSidewalks
Senior Community 
No
MLS Area 
C4 - Central Costa Mesa


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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