– – – 0.425 –
Beds Baths Sq Ft Acres Lot Yr Built

Property Details

Neighborhood Map
About this Property

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) 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.

MLS Listing Information

MLS #

CRNP25117522

MLS Source

California Regional MLS

Parking, School, and Other Information

HOA Fee

$0

Zoning

D2

Listing Agent

Nick Gould

Gould Group Inc

License #: 01521955

Phone: –

Neighborhood: Around This Home

Neighborhood: Local Demographics

2028 Wallace Ave is in Costa Mesa, CA 92627. This Land is currently priced at $1,900,000. This address can also be written as 2028 Wallace Ave, Costa Mesa, CA 92627.

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This listing information is up-to-date as of October 31, 2025. For the most current information, please contact Nick Gould