1016 Valencia Street, Costa Mesa, CA 92626
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1016 Valencia Street,Costa Mesa, CA 92626
$2,395,000
- - Beds
- - Baths
- 4,670 sq. ft.
- Multi-family
- Active
Listed by: andre white, john cain
Office: pacific sotheby's int'l realty
MLS#:CRNP25257489
Source:CAMAXMLS
Price summary
- Price:$2,395,000
- Price per sq. ft.:$512.85
About this home
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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Home facts
- Year built:1964
- Listing ID #:CRNP25257489
- Added:4 day(s) ago
- Updated:November 15, 2025 at 04:11 PM
Rooms and interior
- Living area:4,670 sq. ft.
Heating and cooling
- Cooling:No Air Conditioning
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:4,670 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$2,395,000
- Price per sq. ft.:$512.85
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