CA > Costa Mesa
Costa Mesa, CA 92626,1016 Valencia ST
Costa Mesa, CA 92626,1016 Valencia ST
Costa Mesa, CA 92626,1016 Valencia ST
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$2,395,000
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6,534 Sqft Lot
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1016 Valencia ST Costa Mesa, CA 92626

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25257489

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1964

Lot Size 6,534 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Orange

Area C4 - Central Costa Mesa

Interior

Heating Forced Air

Cooling None

Flooring Laminate

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected

Roof Type Composition

Total Parking Spaces 7

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 14166410

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Andre White Pacific Sotheby's Int'l Realty 949-378-9653

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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