Wallace played 16 games as a freshman with San Diego State Aztecs. He played 90 minutes in 5 consecutive games and started all 19 games as a Junior. He played 18 games as a senior, scoring 3 goals and 1 assist and scored the game-winning goal against California.
Youth and College Professional Wallace was drafted in the fourth round (59th overall) of the 2010 Master of Library Science SuperDraft by Seattle Sounders Football Club, but was not offered a professional contract by the team He signed for the Kitsap Pumas of the USL Premier Development League in April 2010. After one season with Kitsap, Wallace signed with Richmond Kickers of the USL Pro league on March 23, 2011.
He made his professional debut on May 7, coming on as a last-minute substitute in a game against the Wilmington Hammerheads.
In August 2014, Wallace signed for Armenian Premier League side Football Club Ararat Yerevan alongside fellow Los Angeles Misioneros teammates Bryan de la Fuente and Christian King. Wallace left Ararat Yarevan in February 2015 by mutual consent.
