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Property view

2028 Wallace Avenue #C, 
Costa Mesa, CA 92627

$1,900,000

—

Bed

—

Bath

2,299

Sq Ft

Multi-Family

Sold

Listed by

Nick Gould

Bought with Gould Group Inc

Gould Group Inc

949-996-7976

MLS#

NP25117556

Source:

CRMLS

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About This Home

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.

Home Facts

Multi-Family

Built in 1956

Price Summary

2,250,000

$978 per Sq. Ft.

MLS #:

NP25117556

Sold:

October 27, 2025

Rooms & Interior

Interior

Living Area:

2,299 Sq. Ft.

Structure

Structure

Building Area:

2,299 Sq. Ft.

Year Built:

1956

Lot

Lot Size (Sq. Ft):

18,539

Finances & Disclosures

Finances

Price:

$2,250,000

Price per Sq. Ft:

$978 per Sq. Ft.

Source:CRMLS
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