1010 Valencia ST new Save Request In-Person Tour Request Virtual Tour
Costa Mesa,CA 92626
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25194291
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 1010 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. The owner is open to selling the adjacent building at 1016 as a package, offering flexibility to investors looking for stable, high-performing assets in a supply-constrained coastal market. 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
Fireplace No
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Garage,One Space
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights,Sidewalks
Utilities Available Electricity Available,Sewer Connected,Water 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 14166409
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard