Costa Mesa, CA 92627,2016 Wallace AVE
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Costa Mesa, CA 92627,2016 Wallace AVE
Costa Mesa, CA 92627,2016 Wallace AVE
Costa Mesa, CA 92627,2016 Wallace AVE
Costa Mesa, CA 92627,2016 Wallace AVE

$2,500,000

Est. payment /mo

$2,749,000

9.1%
Est.Price: ?

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2016 Wallace AVE Costa Mesa, CA 92627

0.42 Acres Lot

SOLD DATE : 08/21/2023

Key Details

Sold Price $2,500,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision ,Westside Cm

MLS Listing ID PW23064620

Sold Date 08/21/23

HOA Y/N No

Year Built 1962

Lot Size 0.422 Acres

Property Description

We are pleased to present 2016 Wallace Avenue, an added-value 6-unit apartment building in Costa Mesa's up-and-coming Westside submarket. Built in 1962, the building is comprised of two(2) completely detached,single-story, 2-Bedroom/1-Bathroom cottages at the front and rear of the property and two (2) single-story duplexes with 2-Bedroom/1-Bathroom units. The common duplex walls are in the garage, making the duplex units feel like detached cottages. All units come with a garage, one off-street space, a washer/dryer hookup, and private patios or yards. This opportunity has massive upside for the right investor.

Location

State CA

County Orange

Area C4 - Central Costa Mesa

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Curbs, Storm Drain(s), Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 6-10 Units/Acre, Front Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 42225218

Energy Description 750.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to New Loan

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Nick Gould • Morgan Skenderian
Bought with Nick Gould • Morgan Skenderian

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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