1975 Wallace Ave, Costa Mesa, CA 92627 Property Records

Orange County property record for 1975 Wallace Ave, Costa Mesa, CA 92627

Property Summary

Property TypeMulti-Family Dwellings
Details4,150 sqft · built 1961
Lot Size0.422 acres (18,376 sqft)
OwnerCompany Name on File
Last Sale$1,475,000 (Nov 2015)
Tax Bill$22,883 (2025)
Deeds & MortgagesAug 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN422-271-07

Property Details

APN / Parcel Number

Primary APN422-271-07

Interior

Units5 Units
Stories1 Story
Building Area4,150 sqft Living Area
1st Floor Area4,150 sqft

Exterior

Year BuiltBuilt 1961
Effective Year BuiltEffective 1961
Architectural StyleMulti-Family
Exterior MaterialStucco
Construction TypeFrame
Roof TypeGable
Roof MaterialGravel
Lot Area18,376 sqft (0.422 acres)

Utilities, Heating & Cooling

Heating SystemHVAC

Location & Zoning

Street Address1975 WALLACE AVE
CityCOSTA MESA
StateCA
Zip92627-6219
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Local Zoning CodeR2CP
Legal DescriptionN TR 612 BLK E LOT 25
Legal SubdivisionTRACT NO 612
Legal Tract612
Legal BlockE
Legal Lot Number25
JurisdictionORANGE CA
Township / Civil DivisionCENTRAL COAST
Census Block Group2
Census Block2002
Census Tract63701

Owner

1975 Wallace Ave, a residential property, is owned by a company that bought it in November 2015.

Source: Orange County records, as of August 31, 2026

Owner of RecordCompany Name on File
Mailing Address6065 PASEO DEL RETIRO, YORBA LINDA, CA 92887-3344
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 16, 2015 · Amount on File
Deed SaleNov 16, 2015 · Amount on File
Prior SaleJun 28, 1999 · Amount on File
Deed Document Number2015590085
Prior Transfer DateOct 20, 1993
Prior Transfer Doc0000231468
Record UpdatedOct 29, 2026

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionORANGE CA
Property Address1975 WALLACE AVE, COSTA MESA, CA 92627-6219
Transaction TypeMortgage
Record UpdatedNov 29, 2023
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0000540274
DateAug 27, 2021
Instrument2021000540274
Lender
NameBANC OF CALIFORNIA NA
TypeBank
AddressSANTA ANA, CA 92707
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1975 Wallace Ave was $22,883.

Source: Orange County assessment roll, as of August 4, 2026

Property Jurisdictions

TypeName
StateCalifornia
CountyOrange County
MunicipalityCosta Mesa City
Unified School DistrictNewport-Mesa Unified School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$1,781,018 (+2%) Land $1,448,966 Building $332,052
2025$22,883.00$1,746,097 Land $1,420,555 Building $325,542
2023$21,490.00 (+3.4%)$1,678,295 Land $1,365,394 Building $312,901
2022$20,783.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 1975 Wallace Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 27, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 1975 Wallace Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMESA WATER DISTRICT
serves 110,000 people · EPA ID CA3010004
Water SourcePurchased surface water from several systems
Last State InspectionAug 2023
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 668 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless, DSL in parts of the area
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Cosmo Network Solutions
Fixed Wireless
250 / 100

May also be available: GeoLinks, T-Mobile, Verizon.

Nearby Properties on Wallace Ave

Nearby Streets

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