CA > Costa Mesa
Costa Mesa, CA 92627,2028 Wallace Avenue
Costa Mesa, CA 92627,2028 Wallace Avenue
Costa Mesa, CA 92627,2028 Wallace Avenue
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Listed by Nick Gould • Gould Group Inc
$2,250,000
Est. payment /mo
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2,299 SqFt
Active

2028 Wallace Avenue Costa Mesa, CA 92627

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Frances Wang

Frances Wang

+1(408) 332-2552

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,299 sqft

Price per Sqft $978

MLS Listing ID CRNP25117556

HOA Y/N No

Year Built 1956

Lot Size 0.426 Acres

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

Welcome to 2028 Wallace Avenue, a rare multifamily/redevelopment investment opportunity located in the heart of Costa Mesa’s rapidly evolving Westside. Situated on a massive lot, this three-unit property features an attractive unit mix consisting of (1) 3BR/2.5BA and (2) 2BR/1BA units across approximately 2,299 SF of existing living space. Positioned within the Mesa West Urban Plan and a federally recognized Opportunity Zone, 2028 Wallace offers significant upside potential. Investors have the opportunity to modernize the existing units, add Accessory Dwelling Units (ADUs), or redevelop the site entirely by leveraging the increased density allowances of the Mesa West Specific Plan. The Opportunity Zone designation further enhances the appeal with the potential for long-term tax advantages.

Location

State CA

County Orange

Interior

Fireplace No

Laundry Gas Dryer Hookup, Other

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Frances Wang

Agent | CA BRE#: 02054925

+1(408) 332-2552

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