2015 Wallace Ave

Costa Mesa, CA 92627 View Map $3,095,000 Schedule a Tour
Sq.Ft. Lot18,800
Year1966
Tim Carr

Tim Carr

(949) 230-8454
DRE: 01017277

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Status: Active
Property Type:Mixed Use
MLS #:NP22093522
On Site:195 Days
Lot Size:18,800 Sq. Ft.
County:Orange

Listing Agent/Office

Agent:Timothy Carr
Office:Villa Real Estate

Co-Listing Agent/Office

Agent Name:Linda Duffy
Office Name:Villa Real Estate
Available for the first time in nearly 50 years, this property consists of (6) 2 bedroom / 1 bathroom units. Situated on an approximate 18,800 square foot lot, each unit boasts private yards, single car garage, dual pane windows, washer/dryer hookups, newer roofs, and are separately metered for gas and electricity. In addition, a portion of the lot off the of the back alley is leased for storage and offers numerous possibilities. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to major freeways, John Wayne Airport, parks, and all the amenities Harbor Blvd has to offer!

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
8/3/2022$3,300,000$3,095,000-6.2%

Community Information

Address:2015 Wallace Ave Costa Mesa, CA 92627
County:Orange
Zip Code:92627

Architecture

Year Built:1966
Building Area: 4992.0
Number of Buildings: 1
Total Units: 6
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,895 actual rent • $1,895 total rent • $2,300 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,925 actual rent • $1,925 total rent • $2,300 pro forma
Unit 3: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,925 actual rent • $1,925 total rent • $2,600 pro forma
Unit 4: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,925 actual rent • $1,925 total rent • $2,300 pro forma
Unit 5: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,925 actual rent • $1,925 total rent • $2,300 pro forma
Unit 6: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,980 actual rent • $1,980 total rent • $2,300 pro forma
Roof: Composition
Garage Spaces: 6.0
Parking Total: 6.0

Features / Amenities

Flooring: Laminate, Tile
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Window: Double Pane Windows
Common Walls: No Common Walls
Heating: Wall Furnace

Rooms

Family Room
Kitchen

Property Features

Lot Size: 0.43 Acres / 18,800 Sq. Ft.
Lot Features: Back Yard, Front Yard
Sewer: Public Sewer
Water: Public
Directions:Wallace Ave between Placentia and Pomona off of Hamilton

Tax and Financial Info

Gross Scheduled Income: $138,900
Terms: Cash, Conventional
Land Lease: No

Schools

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2015 Wallace Ave Costa Mesa, CA 92627
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2015 Wallace Ave Costa Mesa, CA 92627
 
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Based on information from California Regional Multiple Listing Service, Inc. as of November 26, 2022. 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. 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, 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. IDX provided by Sierra Interactive.