Seller's Agent in 2022
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 230-8454
5 in this area
151 Total Sales
1971 Wallace Ave Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
10
Beds
7
Baths
4,438
Sq Ft
0.43
Acres
Highlights
- 0.43 Acre Lot
- Laundry Room
- Family Room
- Park
- Tile Flooring
- Wall Furnace
About This Home
As of October 2022We are pleased to present the sale of 1971 Wallace Ave, a 5 unit multifamily property located in Westside Costa Mesa. Available for the first time in over 45 years, the property consists of (3) 2 bedroom / 1 bath units and (2) 2 bedroom / 1 ½ bathroom units. Situated on an approximate 18,757 square foot lot, each unit boasts private yards, single car garages, washer/dryer hook-ups, and are separately metered for gas and electricity. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to major freeways, John Wayne Airport, parks, and all the amenities Harbor Blvd has to offer!
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01017277 Listed on: 05/16/2022
Last Buyer's Agent
Elizabeth Kho
Joy Realty Inc. License #00970729
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 0.43 Acre Lot
- No Common Walls
- Back and Front Yard
Parking
- 5 Car Garage
Home Design
- Composition Roof
Interior Spaces
- 4,438 Sq Ft Home
- Family Room
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 26 / E
- Tax Tract Number 612
- Assessor Parcel Number 42227108
Community Details
Overview
- 5 Units
- West Costa Mesa North Subdivision
Recreation
- Park
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2022 10/19/22 | Sold | $2,454,000 | -5.4% | $553 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | Price Changed | $2,595,000 | -5.6% | $585 / Sq Ft |
| 07/29/2022 07/29/22 | For Sale | $2,750,000 | 0.0% | $620 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 05/16/2022 05/16/22 | For Sale | $2,750,000 | -- | $620 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,356 | $2,553,141 | $2,359,084 | $194,057 |
| 2024 | $30,356 | $2,503,080 | $2,312,828 | $190,252 |
| 2023 | $29,309 | $2,454,000 | $2,267,478 | $186,522 |
| 2022 | $5,201 | $209,574 | $86,653 | $122,921 |
| 2021 | $4,707 | $205,465 | $84,954 | $120,511 |
| 2020 | $4,591 | $203,359 | $84,083 | $119,276 |
| 2019 | $4,467 | $199,372 | $82,434 | $116,938 |
| 2018 | $4,369 | $195,463 | $80,817 | $114,646 |
| 2017 | $4,321 | $191,631 | $79,232 | $112,399 |
| 2016 | $4,259 | $187,874 | $77,678 | $110,196 |
| 2015 | $4,220 | $185,052 | $76,511 | $108,541 |
| 2014 | $4,151 | $181,428 | $75,013 | $106,415 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Carr
-
Linda Duffy
Seller Co-Listing Agent in 2022
Linda Duffy
Pacific Sotheby's Int'l Realty
(949) 554-1200
3 in this area
16 Total Sales
-
E
Buyer's Agent in 2022
Elizabeth Kho
Joy Realty Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22093521
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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