2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
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2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
2097 Wallace Avenue
Pending

2097 Wallace Avenue

2097 Wallace Avenue, Costa Mesa, CA 92627

$1,850,000
Introducing an attractive investment opportunity at 2097 Wallace in the vibrant city of Costa Mesa, California. This modern, cottage-style triplex presents a compelling value with a strong 5.2% capitalization rate. Each of the three units has been meticulously renovated to offer high-end, contemporary living spaces. Features include new flooring, fresh interior and exterior paint, and fully updated kitchens with granite countertops and shaker cabinets. Bathrooms have full tile showers making them instantly appealing to prospective tenants.

The property includes essential appliances such as refrigerators and gas stoves, along with ceiling fans throughout, enhancing tenant comfort and appeal. Each unit benefits from its own private yard, a desirable feature for all types of tenants including those with children or pets. Individual laundry hookups add a layer of convenience.

Secure this turnkey property to capitalize on its excellent location and modern amenities, ensuring a steady revenue stream and robust return on investment.

Unit Mix: 3 Units. Each unit has 2 Beds | 1 Bath | 750 sqft. Individual yards and laundry hookups. Detached two car garage could be additional revenue or potential ADU for a 4th Unit. Each unit is separately metered for gas and electric.

New: Roof, Kitchens, Bathrooms, Sub Panels, Plumbing, Doors, Fencing and Irrigation.

2,344 Sq.Ft. LIVING AREA

7,532 Sq.Ft. lot

Ali Ghandour

Ali Ghandour

Features & Amenities

Interior

  • Laundry room Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Outside
  • Flooring Vinyl
  • Fireplace None
  • APPLIANCES Gas Oven, Gas Range, Microwave, Refrigerator
  • other interior Features Ceiling Fan(s), Quartz Counters, Recessed Lighting

Area & Lot

  • Status Pending
  • Living Area2,344 Sq.Ft.
  • Lot Area7,532 Sq.Ft.
  • MLS® IDPW24083652
  • TypeMulti-Family
  • YEAR BUILT1958
  • NeighborhoodCoastal Orange County
  • Architecture StylesCottage
  • View DescriptionNone

Exterior

  • STORIES1
  • Garage Space2.0
  • water SourcePublic
  • utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofShingle
  • lot features2-5 Units/Acre, Corner Lot, Sprinkler System
  • parkingNone
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureRaised

Financial

  • Sales Price$1,850,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 2097 Wallace Avenue, Costa Mesa, CA 92627. We are reviewing your request and will be in touch shortly!

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Coastal Orange County

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