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2097 Wallace Avenue, Costa Mesa

$1,850,000 - 2 Beds - 1 Bath - 7,532 Lot Sq. Ft - 16 DOM

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.

Listing Agent
Ali Ghandour - Circa Properties, Inc.

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Essential Information

For 2097 Wallace Avenue, Costa Mesa
  • MLS® # PW24083652
  • Price $1,850,000
  • Bedrooms 2
  • Bathrooms 1.00
  • Lot Square Footage 7,532
  • Year Built 1958
  • Type Residential Income
  • Sub-Type Triplex
  • Style Cottage
  • Status Active

Community Information

For 2097 Wallace Avenue, Costa Mesa

Amenities

For 2097 Wallace Avenue, Costa Mesa
  • Parking Spaces 2
  • Parking None
  • # of Garages 2
  • Garages None
  • View None
  • Pool None

Utilities

For 2097 Wallace Avenue, Costa Mesa

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

For 2097 Wallace Avenue, Costa Mesa
  • Interior Vinyl
  • Heating Wall Furnace
  • Cooling None
  • Fireplaces None
  • # of Stories 1
  • Stories One

Interior Features

For 2097 Wallace Avenue, Costa Mesa

Ceiling Fan(s), Quartz Counters, Recessed Lighting

Appliances

For 2097 Wallace Avenue, Costa Mesa

Gas Oven, Gas Range, Microwave, Refrigerator

Exterior

For 2097 Wallace Avenue, Costa Mesa
  • Exterior Drywall, Stucco, Wood Siding
  • Windows Double Pane Windows
  • Roof Shingle
  • Construction Drywall, Stucco, Wood Siding
  • Foundation Raised

Lot Description

For 2097 Wallace Avenue, Costa Mesa

2-5 Units/Acre, Corner Lot, Sprinkler System

Additional Information

For 2097 Wallace Avenue, Costa Mesa
  • Date Listed April 26th, 2024
  • Days on Market 16

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2097 Wallace Avenue Costa Mesa MLS® #PW24083652

You are viewing the for at 2097 Wallace Avenue with the MLS® PW24083652 on Previewochomes.com. This at 2097 Wallace Avenue, . 92627 is currently for featuring a 7532 sq.ft. lot and listed for sale at $1,850,000. This for at 2097 Wallace Avenue with the MLS® # PW24083652 has been listed since 2024-04-26.

Please contact us for additional information and assistance.

Based on information from California Regional Multiple Listing Service, Inc. as of May 15th, 2024 at 9:30pm PDT. 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.

Property Listed By: Ali Ghandour of Circa Properties, Inc.