FOR SALE
$1,850,000

2097 Wallace Avenue
Costa Mesa, CA 92627

Triplex, Multi-Family
Residential
2
Beds
2,344
Sq. Ft.
0.17
Acre Lot
Courtesy: Ali Ghandour - Circa Properties, Inc.; Email: [email protected]
Agent Websites> California> Costa Mesa> 92627
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,
CRPW24083652
Triplex, Multi-Family, Other
2
Orange
1958
0.17 Acres
Stucco,Wood
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ali Ghandour - Circa Properties, Inc.; Email: [email protected]

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