1022 W Wilson Street

Costa Mesa, CA 92627

  • 12 Bed(s)
  • 10 Bath(s)
  • 6,300 Sqft
  • 10817
    Sqft(Lot)
$1,795,000

Description

Investors & builders, close on this excellent development opportunity with city entitlements, final county map, and full sets of permit ready plans. city of costa mesa approved lot split using their small lot ordinance (slo) guidelines. 2 nearly identical lots have been created from this prime oversized lot of 10,817 sf. each new lot will be approx. 53' wide by 102' deep, totaling 5,406 sf. on each lot will be one 2-story, 4 bed & 3.5 bath front house of 2,266 sf, plus a single level detached adu in the back with 2 beds & 2 baths in 884 sf. architecture is coastal modern farmhouse by bryant palmer & soto. features will include high volume and vaulted ceilings, great rooms and lofts, upstairs laundry rooms, indoor/outdoor feel, oversized garages, private yards, separate gated entries, welcoming front porches and patios. adus will have separate and private entries and all yards will be privately fenced. all units separately metered with electric and gas. outdoor spaces by bgb design group will be soothing places to rest, rejuvenate and entertain with california friendly landscaping and practical yet aesthetically pleasing hardscape surfaces. just around the corner are fairview park and talbert nature preserve, and santa ana river trails with beach access. just a few blocks from excellent waldorf school. these homes and adus will be terrific residences for their occupants. conservative rental pro forma is $6,500-$7,000/mo for the front houses and $3,500-$3,750/mo for the adus. the development project offers many options for the lucky buyer: 1.) develop and sell for profit; 2.) develop and rent all units out, then hold for the long-term appreciation and tax write offs; 3.) build for yourself and move into one and rent the others; 4.) build both lots, then sell one off to pay for the one you keep; and/or 5.) purchase for your 1031 exchange to defer capital gains taxes. what is your plan? reach out to bixby residential and allow us to consult with you on your options, connect you with our development team, and introduce you to potential contractors for the build out should you need one. *note: listing has supplements--see brochure with rental and sales comps.

  • Property Type

    Residential

  • County

    Orange

  • Style

    Custom,Ranch,Traditional

  • AD ID

    47404732

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Property Details

  • Bedroom Information

    • Total Bedrooms : 12

    Bathroom Information

    • Total Baths: 12
    • Full Baths: 10
    • Half Baths: 2

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition,Metal
    • Interior Features: Separate/Formal Dining Room,High Ceilings,Open Floorplan,Wired for Data,Wired for Sound,Bedroom on Main Level,Entrance Foyer,Loft,Primary Suite,Walk-In Closet(s)
    • Property Appliances: Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood
    • Fireplace: None
    • Flooring: Tile,Wood

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Energy

    • Green Energy: Appliances,Construction,HVAC,Insulation,Lighting,Thermostat,Water Heater,Windows

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2025
    • Construction: Board & Batten Siding,Stucco
    • Roof: Composition,Metal

    Foundation

    • Slab

    Security Features

    • Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Inside,Laundry Room,Stacked,Upper Level

    Patio And Porch

    • Rear Porch,Concrete,Front Porch

    Fencing

    • Block,Vinyl

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2483
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10817

  • Listing Price Information

    • Original List Price: 1,795,000
    • Listing Contract Date: 2024-09-30

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 42205105

  • Garage and Parking

    • Garage Description: Direct Access,Garage,Oversized
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C2 - Southwest Costa Mesa
    • Postal Code Plus 4: 3921
    • Directions: From Victoria, N. on Canyon, L. on Wilson
    • Zoning: R2MD
    • Source Property Type: Residential
    • Area: C2 - Southwest Costa Mesa
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: -1
    • Common Walls: No Common Walls
    • Property Condition: Under Construction
    • Structure Type: Single Family Residence
    • Year Built Source: Owner
    • Total Square Feet Living: 6300
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One,Two
    • Building Total Stories: 1
    • Structure Type: House
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BuyOwner last updated this listing 11/24/2024 @ 03:13

  • MLS: NP24202018
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 12 bedrooms which is for sale, it has 6,300 sqft, 10,817 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Costa Mesa , in zip code 92627, this Orange County Home are nearby neighborhoods.