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Listing 11 out of 500
Sold for $1,650,000 Sold

2073 Wallace Avenue
Costa Mesa, CA 92627

5 units | Multi Family Home
17476 sq ft lot - MLS# OC19028341
Property Photo


Sold for $1,650,000 on Mar 6, 2019


Trust/Probate Sale. This 5 Plex Has Tremendous Upside Potential. Units Need TLC Huge Lot Nearly 18,000 sqft., Front Unit is a Detached and Has 2 Bedrooms 2 Bathrooms and a 2 Car Garage. Units B-E Have 2 bedrooms & 1.5 Bathrooms. All Units Have Inside Laundry, Property Also has Alley Access. Property to Be Sold In Its "AS-IS" Present Condition. No Termite/No Repairs. Check with the City Of Costa Mesa other Building Possibilities. **Operating Expenses Are Unknown**


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,500,000
  • Zip Code: 92627
  • Year Built: 1965
  • Units: 5 units
  • # of Parking Spaces: 13.00
  • Fireplace: Living Room, Yes
  • Lot Size: 17476 sq ft lot
  • Area: C2 - Southwest Costa Mesa
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4936.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Sidewalks, Valley
  • Country: US
  • Directions: From Placentia Ave turn on Hamilton, then Right on Wallace Ave.
  • Garage Spaces: 2.00
  • Gross Income: 760000.00
  • Gross Scheduled Income: 99000.00
  • Laundry Features: Inside
  • Laundry YN: Yes
  • Listing Agent License: 01195494
  • Listing Office License: 01878341
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Area: 17476.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 99000.00
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Property Attached YN: Yes
  • Selling Agent: Tim Castroreale
  • Selling Agent License: 01195494
  • Selling Office: Realty One Group Inc
  • Sewer: Public Sewer
  • Uncovered Spaces: 11.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Price: 1650000.00
  • Sold Date: 2019-03-06
Courtesy of Realty One Group Inc, Tim Castroreale

Agent Mary Lou Skowronski
Mary Lou Skowronski DRE: 01398486 / Broker DRE: 01317331
Berkshire Hathaway HomeServices California Properties
1400 Newport Center Drive, #200 - Newport Beach, CA 92660

© “2018” BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate,and a franchisee of  BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of  America, Inc.® Equal Housing Opportunity. Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC.  BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property,  Information obtained from various sources and will not be verified by broker or MLS. 

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Designations Ranks Agent Mary Lou Skowronski in the
Top 7% of Realtors Nationwide!
NABPOP BPO Certified Property Valuator, CPRES Certified Probate/Trust Real Estate Specialist, Investor Certified Realtor, ePRO – Internet Marketing Professional, 
Luxury Property Specialist, AREAA – Asian Real Estate Association of America, Designer and Accredited Home Staging Specialist,
REO and Short Sale Specialist, PSC Mastery HAFA Foreclosure Prevention Counselor

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