2028 Wallace, Costa Mesa, CA 92627

Local realty services provided by:Better Homes and Gardens Real Estate Registry
2028 Wallace,Costa Mesa, CA 92627
$2,250,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by:nick gould
Office:gould group inc
MLS#:NP25117522
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,250,000

About this home

Welcome to 2028 Wallace Avenue, a rare multifamily/redevelopment investment opportunity located in the heart of Costa Mesas rapidly evolving Westside. Situated on a massive lot, this three-unit property features an attractive unit mix consisting of (1) 3BR/2.5BA and (2) 2BR/1BA units across approximately 2,299 SF of existing living space. Positioned within the Mesa West Urban Plan and a federally recognized Opportunity Zone, 2028 Wallace offers significant upside potential. Investors have the opportunity to modernize the existing units, add Accessory Dwelling Units (ADUs), or redevelop the site entirely by leveraging the increased density allowances of the Mesa West Specific Plan. The Opportunity Zone designation further enhances the appeal with the potential for long-term tax advantages.

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Home facts

  • Listing ID #:NP25117522
  • Added:125 day(s) ago
  • Updated:September 30, 2025 at 01:59 PM

Finances and disclosures

  • Price:$2,250,000
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