NOT LISTED FOR SALE

2015 Wallace Ave Costa Mesa, CA 92627

Westside Costa Mesa Neighborhood
12 Beds
6 Baths
4,992 Sq Ft
0.43 Acres

Last Sold June 30, 2023

Last sale price $2,805,000 $562 Per Sq Ft

27 Days on Market

Highlights

  • 0.43 Acre Lot
  • Park
  • Tile Flooring
  • Double Pane Windows
  • Laundry Room
  • Family Room

About This Home

As of June 2023

Available for the first time in nearly 50 years, this property consists of (6) 2 bedroom / 1 bathroom units. Situated on an approximate 18,800 square foot lot, each unit boasts private yards, single car garage, dual pane windows, washer/dryer hookups, newer roofs, and are separately metered for gas and electricity. In addition, a portion of the lot off the of the back alley is leased for storage and offers numerous possibilities. 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

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 05/05/2023

Co-Listed By

Linda Duffy

Pacific Sotheby's Int'l Realty License #01979777

Last Buyer's Agent

Afshin Jafari Mojarad

Afshin Jafari, Broker License #01941027

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

  • 6 Car Garage

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 4,992 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 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 38 / B
  • Tax Tract Number 612
  • Assessor Parcel Number 42228117

Community Details

Overview

  • 6 Units
  • West Costa Mesa North Subdivision

Recreation

  • Park

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: West Costa Mesa North (WNCM)
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 42228117
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Price Per Square Foot: 561.90
  • Room Type: Family Room, Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18800.00
  • Lot Size Acres: 0.4316

Multi Family

  • Gross Scheduled Income: 138900.00
  • Lot Size Area: 18800.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 637.01
  • Tax Lot: 38
  • Tax Tract Number: 612

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $2,805,000 -1.5% $562 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $2,849,000 -- $571 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2023

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    5 in this area

    150 Total Sales

    Tim Carr
    Section Image
  • Linda Duffy

    Seller Co-Listing Agent in 2023

    Linda Duffy

    Pacific Sotheby's Int'l Realty

    (949) 554-1200

    3 in this area

    17 Total Sales

    Linda Duffy
    Section Image
  • Afshin Jafari Mojarad

    Buyer's Agent in 2023

    Afshin Jafari Mojarad

    Afshin Jafari, Broker

    (949) 280-7868

    1 in this area

    14 Total Sales

    Afshin Jafari Mojarad
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23077104

California Regional Multiple Listing Service (CRMLS)
California Orange County Costa Mesa 92627 Westside Costa Mesa

2015 Wallace Ave, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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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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