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2077 Wallace Ave, Costa Mesa, CA 92627
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2077 Wallace Ave Costa Mesa, CA 92627

$2,650 Leased Price as of 12/31/2023
  • 2 Beds
  • 1 Baths
  • 747 Sq.Ft.
Leased
$2,650 Leased Price as of 12/31/2023 Refinance Your Mortgage
Map preview of 2077 Wallace Ave, Costa Mesa, CA 92627

Property Overview: 2077 Wallace Ave Costa Mesa, CA has 2 bedrooms, 1 bathrooms, 747 living square feet and 17,960 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Costa Mesa !! Brand new ADU cottage style home comes with washer/dryer hook ups, laminate wood flooring throughout unit, spacious floor plan, heat/ air, and a side yard for storage. Home is located in the very back of complex and is a stand alone. Located near public transportation, shopping centers including The Triangle Square ! You are a hop, skip and jump from Newport Beach !

Listed by Michelle Castillo | BRE #01206307 | JRC Real Estate Services
Last checked: 12 minutes ago | Last updated: January 1st, 2024 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
17,960
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Apartment
Status
Leased
MLS#
RS23217575
City
Costa Mesa
County
Orange
Time on Site
296 days

Property Details for 2077 Wallace Ave

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • All Bedrooms Down
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 15
  • Parcel Number: 42228107
  • Year Built Source: Other
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Schools
School Information
  • High School District: Other
Location / Neighborhood
Location Information
  • Directions: Hamilton/ Placentia
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Costa Mesa Agent

Sale History for 2077 Wallace Ave

Last leased for $2,650 on December 31st, 2023

  • December, 2023

  • Dec 31, 2023

    Date

    Leased

    CRMLS: RS23217575

    $2,650

    Price

  • Nov 28, 2023

    Date

    Active

    CRMLS: RS23217575

    $2,850

    Price

  • November, 2018

  • Nov 21, 2018

    Date

    Sold

    CRMLS: PW18228079

    $4,500,000

    Price

  • Oct 23, 2018

    Date

    Pending

    CRMLS: PW18228079

    $4,300,000

    Price

  • Oct 4, 2018

    Date

    Active Under Contract

    CRMLS: PW18228079

    $4,300,000

    Price

  • Sep 19, 2018

    Date

    Active

    CRMLS: PW18228079

    $4,300,000

    Price

  • Listing provided courtesy of CRMLS

    We are honored to exclusively present the 12 unit Westside Costa Mesa investment opportunity located at 2077 & 2083 Wallace Ave. Per assessor, total combined square footage of the lots is approximately 36,830 sqft. Each contiguous parcel has a separate address and Assessor's Parcel Number (APN) - 6 units on each for a total of 12. All units are 2 bedroom/1 bathroom single story bungalow style units. Residents appreciate the private patios, in unit washer/dryer hookups and attached 1 car garage plus 2 additional onsite parking spaces for each. Windows have been replaced in all. The units are separately metered for gas and electric and there no house meter for either of these utilities. The long term residents are all month-to-month and there is big upside in rents. Conservative pro forma income is approximately $2000 a month, which equals a pro forma Gross Scheduled Income (GSI) of $288,000. With updating and upgrades, similar Westside units have rented as high as $2750 per unit. The lots run street to street, extending from Wallace Ave to Palace Avenue. These are located in the Mesa West Residential Ownership Urban Plan specific zoning plan. These 12 units are perfectly located in the Westside renaissance area and are close to the dining, shopping and entertainment of Costa Mesa, while not too far from the ocean breezes of Newport Beach.

  • November, 2018

  • Nov 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $4,500,000

    Price

Show More

Tax History for 2077 Wallace Ave

Assessed Value (2020): $2,238,095
Year Land Value Improved Value Assessed Value
2020 $1,880,000 $358,095 $2,238,095

Home Value Compared to the Market

This property vs the competition

2077 Wallace Ave has recently been leased in the city of Costa Mesa. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Costa Mesa has a median list price of $1,499,000. The median price per/sqft for Costa Mesa is $794. With those numbers in mind, if you are looking to purchase a median priced home in Costa Mesa, CA and put 20% down you will need to save up $299,800 for the down payment and will need roughly $29,980 for closing costs on top of the down payment.

About 2077 Wallace Ave

Detailed summary of property

2077 Wallace Ave is a apartment that was recently leased in Costa Mesa, CA 92627. This apartment offered 2 bedrooms, 1 bathrooms, roughly 747 living square feet, and sits on an approximately 17,960 square foot lot. 2077 Wallace Ave was first listed on ArdentRealEstateGroup.com on November 28, 2023. The homeowner leased the property for $2,650. While the average home in Costa Mesa, CA is selling in 43 days, 2077 Wallace Ave has a days on market of 33 days. There are currently 148 homes for sale in the Costa Mesa real estate market and 110 of them are single family homes while 21 of them are condos and 17 are townhomes. Local homes that are currently for sale include 401 Bernard St #203, 3 Moonrise Court and 1679 Moonlight. For more information on this home for lease at 2077 Wallace Ave Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 2077 Wallace Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
17,960
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
25
APN
422-281-07

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,420,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$855
Total Inventory
84
Median Sale to List Price %
99.17%
Avg Days on Market
20
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (5.56%), Other (22.22%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2077 Wallace Ave

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Homes for Lease Near 2077 Wallace Ave

Nearby Homes for Lease

2063 Charle St #B4, Costa Mesa, CA 92627
$3,095
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2063 Charle St #B4
Costa Mesa, CA 92627
4217 Hilaria Way, Newport Beach, CA 92663
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1 Baths
1100 Sq.Ft.
4217 Hilaria Way
Newport Beach, CA 92663
200 Mcneil Ln #Penthouse 7, Newport Beach, CA 92663
$2,900
1 Beds
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200 Mcneil Ln #Penthouse 7
Newport Beach, CA 92663
341 Woodland Pl #C, Costa Mesa, CA 92627
$2,850
2 Beds
1 Baths
800 Sq.Ft.
341 Woodland Pl #C
Costa Mesa, CA 92627

Recently Leased Homes Near 2077 Wallace Ave

2083 Wallace Ave, Costa Mesa, CA 92627
$2,495 Last Leased Price
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1 Baths
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Costa Mesa, CA 92627
2115 Placentia Ave #27, Costa Mesa, CA 92627
$1,450 Last Leased Price
0 Beds
1 Baths
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2115 Placentia Ave #27
Costa Mesa, CA 92627
673 Victoria St #A, Costa Mesa, CA 92627
$2,950 Last Leased Price
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673 Victoria St #A
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1941 Pomona Ave, Costa Mesa, CA 92627
$1,900 Last Leased Price
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1941 Pomona Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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