1925 Wallace Ave | Costa Mesa, CA 92627
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1925 Wallace Ave
Costa Mesa, CA 92627
Multifamily Property For Sale · 4 Units
Executive Summary
For Sale
± 0.42 Acre Lot
± 18,295 SF
Two Lot Parcel
Front Lot: Existing 4 Unit Multi-Family Building- Leases expire 03/2023
Back Lot: Vacant Lot
± 0.42 Acre Lot
± 18,295 SF
Two Lot Parcel
Front Lot: Existing 4 Unit Multi-Family Building- Leases expire 03/2023
Back Lot: Vacant Lot
PROPERTY FACTS
| Price Per Unit | $712,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Sale Conditions | Redevelopment Project | Building Size | 3,788 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price Per Unit | $712,500 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 3,788 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 900 |
PROPERTY TAXES
| Parcel Number | 422-271-16 | Improvements Assessment | $153,000 |
| Land Assessment | $1,275,000 | Total Assessment | $1,428,000 |
PROPERTY TAXES
Parcel Number
422-271-16
Land Assessment
$1,275,000
Improvements Assessment
$153,000
Total Assessment
$1,428,000
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