2097 Wallace Avenue, Costa Mesa, CA 92627 (MLS # CRPW24083652)
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Introducing an attractive investment opportunity at 2097 Wallace in the vibrant city of Costa Mesa, California. This modern, cottage-style triplex presents a compelling value with a strong 5.2% capitalization rate. Each of the three units has been meticulously renovated to offer high-end, contemporary living spaces. Features include new flooring, fresh interior and exterior paint, and fully updated kitchens with granite countertops and shaker cabinets. Bathrooms have full tile showers making them instantly appealing to prospective tenants. The property includes essential appliances such as refrigerators and gas stoves, along with ceiling fans throughout, enhancing tenant comfort and appeal. Each unit benefits from its own private yard, a desirable feature for all types of tenants including those with children or pets. Individual laundry hookups add a layer of convenience. Secure this turnkey property to capitalize on its excellent location and modern amenities, ensuring a steady revenue stream and robust return on investment. Unit Mix: 3 Units. Each unit has 2 Beds | 1 Bath | 750 sqft. Individual yards and laundry hookups. Detached two car garage could be additional revenue or potential ADU for a 4th Unit. Each unit is separately metered for gas and electric. New: Roof, Kitchens,
| DAYS ON MARKET | 17 | LAST UPDATED | 4/29/2024 |
|---|---|---|---|
| YEAR BUILT | 1958 | COMMUNITY | Listing |
| COUNTY | Orange | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | No Air Conditioning |
|---|---|
| AREA | Listing |
| CONSTRUCTION | Other, Stucco, Wood Siding |
| EXTERIOR | Other |
| GARAGE | None |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner lot, Other |
| PARKING | None |
| UTILITIES | Sewer Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listing provided by Ali Ghandour |Circa Properties, Inc.
Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/16/24 12:22 AM PDT
This IDX solution is (c) Diverse Solutions 2024.
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