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Listed by Andre White • Pacific Sotheby's Int'l Realty
$4,800,000
Est. payment /mo
9,340 SqFt
New
1010 Valencia Street Costa Mesa, CA 92626
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,340 sqft
Price per Sqft $513
MLS Listing ID CRNP25129812
HOA Y/N No
Year Built 1964
Lot Size 0.300 Acres
Property Sub-Type Other
Source Datashare California Regional
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 l
Location
State CA
County Orange
Interior
Fireplace No
Laundry Laundry Room
Building
Lot Description Level
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