1925 Wallace Ave
Costa Mesa, CA 92627
8 Beds
5 Baths
3,788 sqft (on 0.42 acres)
8 Beds
5 Baths
3,788 sqft
(on 0.42 acres)
Local Information
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Description
Unique opportunity for Value-Add Investment. Two contiguous properties totaling 18,295 sq. ft of land. Front property consists of (4) two bedroom, 1/2 bath units. Existing leases are all short term, two units will be delivered vacant thus giving the new buyer to increase rents. Back lot is all paved in asphalt and the City of Costa Mesa will approve the development of 3 additional residential units.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$686
Listed
158 days ago
Home Details for 1925 Wallace Ave
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 3788 Square Feet |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Days on Market: 158 |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Low RiseArchitecture: Low Rise |
Building Has Additional Parcels |
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Price List Price: $2,599,999Price Per Sqft: $686 |
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MLS Status: Active |
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Direction & Address City: Costa Mesa |
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Listing Agent Listing ID: 25623849 |
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Building Area Building Area: 3788 Square Feet |
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Lot Area: 0.42 acres |
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Mls Number: 25623849 |
Last check for updates: about 12 hours ago
Listing courtesy of Joseph Winkelmann DRE # 01259378, (949) 228-3599
Colliers International Greater Los Angel, (949) 724-5500
Source: CLAW, MLS#25623849
Also Listed on bridgeMLS/CCAR/Bay East AOR, CRMLS.
Price History for 1925 Wallace Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/02/2025 | $2,599,999 | PriceChange | CLAW #25623849 |
| 12/01/2025 | $259,900,000 | Listed For Sale | CLAW #25623849 |
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Comparable Sales for 1925 Wallace Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $1,900,000 | 10/27/25 | 5 | 5 | 2,299 | |
0.40 | Multi-Family Home | $1,725,000 | 06/10/25 | 8 | 4 | 3,390 | |
0.88 | Multi-Family Home | $2,400,000 | 04/09/26 | 8 | 4 | 3,301 | |
0.90 | Multi-Family Home | $2,010,000 | 03/11/26 | 7 | 6 | 3,232 | |
0.84 | Multi-Family Home | $2,725,000 | 08/15/25 | 6 | 4 | 2,268 | |
0.62 | Multi-Family Home | $1,775,000 | 02/17/26 | 5 | 3 | 1,600 | |
0.54 | Multi-Family Home | $1,500,000 | 02/06/26 | 3 | 3 | 1,600 | |
1.09 | Multi-Family Home | $1,872,000 | 07/21/25 | 7 | 4 | 2,350 | |
1.18 | Multi-Family Home | $2,275,000 | 02/06/26 | 6 | 6 | 3,750 | |
0.79 | Multi-Family Home | $1,700,000 | 07/17/25 | 5 | 3 | 2,020 |
Assigned Schools
These are the assigned schools for 1925 Wallace Ave.
- Estancia High School
- 9-12
- Public
- 976 Students
6/10GreatSchools RatingParent Rating AverageMy granddaughter is going on her 2nd year at Estancia and I have to say I am glad we are at this school. The teachers are amazing, they make learning exciting. My granddaughter got an A in history and she hates history. Mrs. Lee has made the class so fun. She is completely engulfed with astronomy and so excited about it due to Mr. Cleppy! As far as mental health goes I couldn't ask for a more supportive team of people from teachers to counselors to principal. Truly very grateful for all of the support. I almost forgot to mention drama production! Wonderful teacher, Ms. Marroqiun! The students have a great connection , I believe due to the exercises and encouragement from their teacher. The big negative is the amount of fights that occur here. It can be traumatizing to see an actual physical fight, it IS traumatizing. This needs to be addressed. All in all, I think it's a great school with great teachers and amazing staff.Parent Review2y ago - Pomona Elementary School
- K-6
- Public
- 264 Students
6/10GreatSchools RatingParent Rating AverageI’ve been working at this school for a few years now. I admit we do have areas to grow, but we are a mostly new staff and we now only serve pre-K- 1st grade. The teachers here really do care about the students and work tirelessly to help them where we see they need support. Parent engagement has been a big goal of ours for the past few years and we are now offering parent workshops to try and support the school and home connection. Everyone will have their own experience at our school, but from an inside perspective, we are all trying to make Pomona a nice place to be.Teacher Review3mo ago - Charles W. Tewinkle Middle School
- 7-8
- Public
- 501 Students
5/10GreatSchools RatingParent Rating AverageThis school has awesome programs as well as school fairs, fun electives, AVID programs. Although in the past this school was filled with troubled teens, Tewinkle has managed to "kill them with kindness" and encourage new generations to be more involved in academics. They have AC now in most classrooms and test scores have been improving! This school improves as time goes by.Parent Review8y ago 
Check out schools near 1925 Wallace Ave.
What Locals Say about Costa Mesa
At least 985 Trulia users voted on each feature.
92 % Say it's dog friendly
89 % Say there are sidewalks
84 % Say car is needed
78 % Say it's walkable to restaurants
71 % Say there's holiday spirit
70 % Say it's walkable to grocery stores
66 % Say streets are well-lit
66 % Say people would walk alone at night
62 % Say yards are well-kept
61 % Say kids play outside
61 % Say parking is easy
54 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
53 % Say it's quiet
50 % Say there's wildlife
27 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Joseph Winkelmann, Colliers International Greater Los Angel, (949) 724-5500
Agent Phone: (949) 228-3599
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-08 12:22:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
1925 Wallace Ave, Costa Mesa, CA 92627 is a 8 bedroom, 5 bathroom, 3,788 sqft multi-family built in 1960. This property is currently available for sale and was listed by CLAW on Dec 1, 2025. The MLS # for this home is MLS# 25623849.