Homes for sale - 1010 1016 Valencia ST, Costa Mesa, CA 92626

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Andre White • Pacific Sotheby's Int'l Realty

$4,800,000

Est. payment - /mo

0.3 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNP25129812

Year Built 1964

Lot Size 0.300 Acres

Source California Regional MLS

Property Description

We are proud to present 1010-1016 Valencia Street, a rare side-by-side offering of two 4-unit apartment buildings with separate APNs, located in the heart of Costa Mesa-one of Southern California's most desirable coastal housing markets. This turnkey multifamily investment consists of eight fully rented 3-bedroom, 2-bathroom units, offering a strong blend of immediate income and long-term upside. The property sits on a 13,068 square foot lot and includes 9,340 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 eight single-car garages and six 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. The owner is open to selling the buildings separately or as a package, offering flexibility to investors looking

Location

State CA

County Orange

Area C4 - Central Costa Mesa

Interior

Laundry In Laundry Room

Exterior

Parking Features Garage, Parking Area

Garage Spaces 14.0

Pool 31, None

Roof Type Composition

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 14166409

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1010 1016 Valencia ST Costa Mesa, CA 92626

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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