Financial
Distress signals
Property profile

1925 Wallace Ave Costa Mesa, CA 92627

OFF-MARKET
Other industrial land
Property ID
US09-0864127
585 SF 0.22 ac lot Built 1964
Last sale Mar 2019 · $862,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property comprises an approximately 18,295-square-foot parcel made up of two lots. The front lot contains an existing four-unit multi-family building, while the back lot is vacant. The site is configured for redevelopment and has potential to support up to six residential units, subject to applicable zoning and approvals.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$943k
Assessed land$943k
Effective rate1.05%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$639/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$465 – $932

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Dry Cleaner8.5
Nursing Home8.0

Location

1925 Wallace Ave Costa Mesa, CA 92627-6222
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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