- 4 Beds
- 4 Baths
- .43 Acres
- 110 DOM
2028 Wallace Avenue # C
Welcome to 2028 Wallace Avenue, a rare multifamily/redevelopment investment opportunity located in the heart of Costa Mesa’s rapidly evolving Westside. Situated on a massive lot, this three-unit property features an attractive unit mix consisting of (1) 3BR/2.5BA and (2) 1BR/1BA units across approximately 2,299 SF of existing living space. Positioned within the Mesa West Urban Plan and a federally recognized Opportunity Zone, 2028 Wallace offers significant upside potential. Investors have the opportunity to modernize the existing units, add Accessory Dwelling Units (ADUs), or redevelop the site entirely by leveraging the increased density allowances of the Mesa West Specific Plan. The Opportunity Zone designation further enhances the appeal with the potential for long-term tax advantages.
Essential Information
- MLS® #NP25117556
- Price$2,250,000
- Bedrooms4
- Bathrooms4.00
- Acres0.43
- Year Built1956
- TypeResidential Income
- Sub-TypeApartment
- StatusActive Under Contract
Community Information
- Address2028 Wallace Avenue # C
- AreaC4 - Central Costa Mesa
- CityCosta Mesa
- CountyOrange
- Zip Code92627
Subdivision
Costa Mesa Residential Income (CMRI)
Amenities
- Parking Spaces7
- ParkingAssigned
- # of Garages7
- GaragesAssigned
- PoolNone
Interior
- # of Stories1
Exterior
- Lot DescriptionSixToTenUnitsAcre
Additional Information
- Date ListedMay 27th, 2025
- Days on Market110
Listing Details
- AgentNick Gould
- OfficeGould Group Inc
Price Change History for 2028 Wallace Avenue # C, Costa Mesa, (MLS® #NP25117556)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Nick Gould, Gould Group Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of September 15th, 2025 at 12:36pm 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.