James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
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Residential IncomeFor Sale
$2,850,000
1925 Wallace Avenue
Costa Mesa, CA 92627
Listed by Joseph Winkelmann [email protected] Colliers International Greater Los Angel
MLS: California Regional MLS (CRMLS)
8Beds
5Baths
3,788Sq Ft
Est. Mortgage
$14,811/mo

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.

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Information courtesy of Colliers International Greater Los Angel is subject to verification and is not guaranteed.
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