Real Estate Investment Properties for Sale in Wallace, CA

Looking for investment property in Wallace, CA with high ROI ?

Explore a variety of short-term homes & houses in Wallace, CA. Invest wisely with VRBO & Wallace, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Wallace, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10497 Crystal Dr Wallace, CA Diamond in the rough! Add some updates and your dream home is here! With 4700 sf of livin...	4 beds \| 3 baths \| 4,700 sq.ft.	$1,200,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 4.34% Airbnb Rental Income: $6891 Traditional Rental Income: $6895 Airbnb ROI: 3.14% Traditional ROI: 4.34%
0 Hwy 12 Wallace, CA 0 Hwy 12, Wallace, CA 95254 \| Other	N/A beds \| N/A baths \| N/A	$649,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 0.92% Airbnb Rental Income: $2797 Traditional Rental Income: $1715 Airbnb ROI: 1.63% Traditional ROI: 0.92%
5358 Hwy 12 Wallace, CA 5358 Hwy 12, Wallace, CA 95254 \| Single Family Residential	2 beds \| 2 baths \| 1,707 sq.ft.	$1,200,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 1.11% Airbnb Rental Income: $1122 Traditional Rental Income: $3290 Airbnb ROI: -1.17% Traditional ROI: 1.11%
11137 Camanche Pkwy #S Wallace, CA 11137 Camanche Pkwy #S, Wallace, CA 95254 \| Single Family Residential	3 beds \| 4 baths \| 2,934 sq.ft.	$785,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 4.27% Airbnb Rental Income: $5750 Traditional Rental Income: $4502 Airbnb ROI: 4.41% Traditional ROI: 4.27%
7622 Sagebrush Ln Wallace, CA 7622 Sagebrush Ln, Wallace, CA 95254 \| Single Family Residential	3 beds \| 2 baths \| 1,700 sq.ft.	$1,650,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 0.48% Airbnb Rental Income: $5750 Traditional Rental Income: $3520 Airbnb ROI: 1.19% Traditional ROI: 0.48%
10383 Camanche Pkwy Wallace, CA 10383 Camanche Pkwy, Wallace, CA 95254 \| Single Family Residential	5 beds \| 3 baths \| 3,958 sq.ft.	$2,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.67% Airbnb Rental Income: $null Traditional Rental Income: $4818 Airbnb ROI: N/A Traditional ROI: 0.67%
32 Turnstone Ct Wallace, CA 32 Turnstone Ct, Wallace, CA 95254 \| Single Family Residential	3 beds \| 2 baths \| 2,052 sq.ft.	$525,000	Airbnb cash on cash: 7.43% Traditional cash on cash: 5.76% Airbnb Rental Income: $5750 Traditional Rental Income: $3782 Airbnb ROI: 7.43% Traditional ROI: 5.76%
7548 Hwy 12 Wallace, CA 7548 Hwy 12, Wallace, CA 95254 \| Single Family Residential	3 beds \| 1 baths \| 1,434 sq.ft.	$486,000	Airbnb cash on cash: 8.16% Traditional cash on cash: 4.92% Airbnb Rental Income: $5750 Traditional Rental Income: $3127 Airbnb ROI: 8.16% Traditional ROI: 4.92%

Real Estate investment in Wallace, CA

There are 8 properties for sale in the city of Wallace . The median list price in Wallace is $449,000 and the average price per square foot is $181. In August 2026, the average monthly cash on cash return in Wallace is 6.00%. The average monthly rental income in Wallace is $1,999.

Wallace, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 8 investment properties available for sale in Wallace.

In 2026, the best neighborhood to buy investment property is Wallace.

The ROI for Short-Term is higher than the Long-Term in Wallace with average rental income of $2,797.

Your search for investment property begins and ends here

Investment Property for Sale in Wallace, CA

10497 Crystal Dr

Wallace, CA

4 beds | 3 baths | 4,700 sq.ft.

$1,200,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $6891

Traditional Rental Income: $6895

Airbnb ROI: 3.14%

Traditional ROI: 4.34%

0 Hwy 12

Wallace, CA

N/A beds | N/A baths | N/A

$649,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $2797

Traditional Rental Income: $1715

Airbnb ROI: 1.63%

Traditional ROI: 0.92%

5358 Hwy 12

Wallace, CA

2 beds | 2 baths | 1,707 sq.ft.

$1,200,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $1122

Traditional Rental Income: $3290

Airbnb ROI: -1.17%

Traditional ROI: 1.11%

11137 Camanche Pkwy #S

Wallace, CA

3 beds | 4 baths | 2,934 sq.ft.

$785,000

Airbnb cash on cash: 4.41%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $5750

Traditional Rental Income: $4502

Airbnb ROI: 4.41%

Traditional ROI: 4.27%

7622 Sagebrush Ln

Wallace, CA

3 beds | 2 baths | 1,700 sq.ft.

$1,650,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $5750

Traditional Rental Income: $3520

Airbnb ROI: 1.19%

Traditional ROI: 0.48%

10383 Camanche Pkwy

Wallace, CA

5 beds | 3 baths | 3,958 sq.ft.

$2,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.67%

Airbnb Rental Income: $null

Traditional Rental Income: $4818

Airbnb ROI: N/A

Traditional ROI: 0.67%

32 Turnstone Ct

Wallace, CA

3 beds | 2 baths | 2,052 sq.ft.

$525,000

Airbnb cash on cash: 7.43%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $5750

Traditional Rental Income: $3782

Airbnb ROI: 7.43%

Traditional ROI: 5.76%

7548 Hwy 12

Wallace, CA

3 beds | 1 baths | 1,434 sq.ft.

$486,000

Airbnb cash on cash: 8.16%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $5750

Traditional Rental Income: $3127

Airbnb ROI: 8.16%