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1971 Wallace Avenue

Costa Mesa, CA 92627

– beds
– baths
– sqft
~1/2 acre lot
1966 build
– on site

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We are pleased to present the sale of 1971 Wallace Ave, a 5 unit multifamily property located in Westside Costa Mesa. Available for the first time in over 45 years, the property consists of (3) 2 bedroom / 1 bath units and (2) 2 bedroom / 1 ½ bathroom units. Situated on an approximate 18,757 square foot lot, each unit boasts private yards, single car garages, washer/dryer hook-ups, and are separately metered for gas and electricity. 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!

Listed By CRMLS_CA / Timothy Carr / Villa Real Estate

Last checked: Checking… • Last updated May 23, 2023 •

MLS# NP22093521 —

The Building

Year Built:

1966
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4438.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

1
Roof:

Composition
Common Walls:

No Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Flooring:

Laminate, Tile
Room Type:

Family Room, Kitchen
Fireplace:

No
Fireplace:

None
Laundry:

Gas & Electric Dryer Hookup
Laundry:

1

Location

Directions:

Wallace Ave between Placentia and Pomona off of Hamilton
Latitude:

33.64600200
Longitude:

-117.93042400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Lot Features:

Back Yard, Front Yard, Lot 10000-19999 Sqft
Lot Size Area:

18757.0000
Lot Size Acres:

0.4306
Lot Size SqFt:

18757.00
Lot Size Source:

Assessor
View:

None
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

E
Tax Census Tract:

637.01
Tax Tract:

612
Tax Lot:

26

The Listing

Special Listing Conditions:

Trust
Parcel Number:

42227108

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

West Costa Mesa North (WNCM)
Subdivision:

West Costa Mesa North (WNCM)
Features:

Curbs, Park, Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

10.00
Garage Spaces:

5.00

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Sale history

Date	Event	Source	Price	% Change
10/19/22 Oct 19, 2022	Sold	CRMLS_CA	$2,454,000	-5.4%
10/11/22 Oct 11, 2022	Pending	CRMLS_CA	$2,595,000
10/3/22 Oct 3, 2022	Sold Subject To Contingencies	CRMLS_CA	$2,595,000

Multifamily Sold on 10/19/2022

$2,454,000

Listing provided by broker:

Timothy Carr

Villa Real Estate

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Listing Courtesy of: CRMLS_CA and Villa Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 14:42 on Jul 16.

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.

1971 Wallace Avenue

Costa Mesa, CA 92627