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#PW25113520, Betty Hwang, Listing office: Citihome
$2,250,000 List price
2028 Wallace Ave Unit C Costa Mesa, CA 92627
0.4 acres
Condo
Property details
About 2028 Wallace Ave Unit C
Welcome to 2028 Wallace Avenue, a rare multifamily/redevelopment investment opportunity located in the heart of Costa Mesa’s 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) 1BR/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.
Highlights
Home typeCondominium
StatusActive
Lot size0.4256 Acres
Year built1956
ParkingAssigned
MLS #NP25117556
Garage7 spaces
Summary
- Garage Space: 7 spaces
- Private Pool: No
- Parking: Assigned
- List Price: $2,250,000
- Directions: Located off W. 19th Street
- Year Built: 1956
- Stories: 1
- Lot Size: 0.4256 Acres
- MLS Number: NP25117556
- MLS Name: CRMLS
- Office Name: Gould Group Inc
- Office Email: ng@gouldgroupinc.com
- Listing Agent: Nick Gould
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 1:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Pomona Elementary School
Public District KG-6
0.1 mi
•2051 Pomona Ave
6
Everett A. Rea Elementary School
Public District KG-6
0.3 mi
•661 Hamilton St
4
Wilson Elementary School
Public District KG-6
0.6 mi
•801 W Wilson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,022. Residents of Costa Mesa, CA typically earn between $35k-100k each year. Most families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
25%
<35k
62%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
27%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
45%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
31%
18-34 yrs old
32%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2028 Wallace Ave Unit C
The listing price of 2028 Wallace Ave Unit C property is $2,250,000.
The property 2028 Wallace Ave Unit C is a condo located in Costa Mesa, California, 92627.
Active Listing: 2028 Wallace Ave Unit C is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2028 Wallace Ave Unit C are: Pomona Elementary School (GreatSchools Rating 5/10), Everett A. Rea Elementary School (GreatSchools Rating 6/10), Wilson Elementary School (GreatSchools Rating 4/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Charles W. Tewinkle Middle School (GreatSchools Rating 4/10), Estancia High School (GreatSchools Rating 6/10), Newport Harbor High School (GreatSchools Rating 7/10), Costa Mesa Middle and High School (GreatSchools Rating 6/10).
The property at 2028 Wallace Ave Unit C has 0 bathroom.
The year of construction for 2028 Wallace Ave Unit C is 1956.
This home is located at 2028 Wallace Ave Unit C in Costa Mesa, CA and zip code 92627 in the Westside Costa Mesa neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $2,250,000.
In June 2025, from all listings sold in Costa Mesa, CA there were more than 20 sold above asking price, over 34 sold below and more than 5 were sold right at the asked price. Between May and June 2025, Costa Mesa, CA real estate market has seen decrease in the number of listings by 2%. In June 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $1,427,500.
From Rocket Homes Real Estate and based on county public records data.