1920 Wallace Avenue, Costa Mesa, CA 92627

Costa Mesa
Local realty services provided by:ERA Excel Realty
1920 Wallace Avenue,Costa Mesa, CA 92627
$3,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: scott gerard
Office: gerard properties inc.714-964-9602
MLS#:OC26133275
Source:CRMLS

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Price summary

  • Price:$3,250,000

About this home

Rare opportunity to acquire a pride-of-ownership 8-unit investment property in the highly sought-after Westside Costa Mesa rental market, offered for sale for the first time in more than 25 years. Near 19th Street and Placentia Avenue, this well-maintained asset offers a combination of strong in- place income, stable occupancy, and long-term upside in one of Orange County's most desirable coastal submarkets. The property benefits from an exceptional location, placing residents within minutes of popular restaurants, breweries, coffee shops, shopping, beaches, and outdoor recreation. Convenient access to the 55 Freeway provides direct connectivity to Newport Beach, John Wayne Airport, major employment centers, and the greater Orange County transportation network, making the property highly attractive to a broad tenant base. The asset consists of two separate fourplex buildings comprising a total of eight 1 bedroom units. Each building features two upstairs and two downstairs residences....

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Home facts

  • Year built:1960
  • Subdivision & Development:Other
  • Listing ID #:OC26133275
  • Added:59 day(s) ago
  • Updated:August 25, 2026 at 07:17 AM

Structure and exterior

  • Year built:1960
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,250,000

Parking

  • Total parking spaces:15
  • Garage:Yes
  • Garage spaces:8
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