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$2,395,000
3 Days On Site

1016 Valencia Street
Costa Mesa, CA 92626

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,670
SqFt
$513
/SqFt
1964
Built
Subdivision:
Other
County:
Orange
Listed by Andre White of Pacific Sotheby's Int'l Realty [email protected]
1016 Valencia Street1016 Valencia Street1016 Valencia Street1016 Valencia Street
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Monthly Payment (Est.)

$10,927
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We are proud to present 1016 Valencia Street, a 4-unit apartment buildings, located in the heart of Costa Mesa—one of Southern California’s most desirable coastal housing markets. This turnkey multifamily investment consists of four fully rented 3-bedroom, 2-bathroom units, offering a strong blend of immediate income and long-term upside. The property sits on a 6,534 square foot lot and includes 4,670 square feet of building space. A lushly landscaped central courtyard creates a welcoming and private environment for residents, while recent renovations to both the interior and exterior enhance the overall appeal. The units feature modern updates such as vinyl plank flooring, stainless steel appliances, updated cabinetry and countertops, and open-concept kitchens. Recent improvements include new staircases and sewer line. The property provides ample parking with four single-car garages and three uncovered spaces, along with on-site laundry for added tenant convenience. Most of the units are currently leased close to market rents, reflecting the high quality of the renovations and the desirability of the location. This is an excellent opportunity to acquire a well-maintained, income-generating property in a prime Costa Mesa location.

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Listing Snapshot
Price 
$2,395,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,670 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1964
MLS® Number 
NP25257489
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.15
Disclosures 
Easements
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking Spaces 
7
Property Condition 
Updated/Remodeled
Property Sub Type 
Mixed Use
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
4670
Utilities 
Electricity Connected
Water Source 
Public
Interior Features
Flooring 
Laminate
Heating 
Forced Air
Laundry Features 
Common Area
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Exterior Features
Construction Details 
StuccoWood Siding
Exterior 
Rain Gutters
Pool Features 
None
Roof 
Composition
Community Features
Building Access 
1
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
C4 - Central Costa Mesa
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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