1016 Valencia Street, Costa Mesa, CA 92626
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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#:NP25257489
Source:CRMLS
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.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:NP25257489
- Added:38 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Living area:4,670 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:4,670 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Sewer Tap Paid
Finances and disclosures
- Price:$2,395,000
- Price per sq. ft.:$512.85
New listings near 1016 Valencia Street
- Open Sat, 1 to 4pmNew
$1,099,000Active4 beds 3 baths1,860 sq. ft.918 Hyde Court, Costa Mesa, CA 92626
MLS# PW25278323Listed by: ARTHUR OLIVER ESTATES & HOMES INC. - New
$1,650,000Active3 beds 2 baths1,296 sq. ft.249 E Wilson, Costa Mesa, CA 92627
MLS# OC25271446Listed by: REALTY ONE GROUP WEST - Open Sat, 11am to 2pmNew
$1,499,000Active3 beds 4 baths2,151 sq. ft.143 Mercer, Costa Mesa, CA 92627
MLS# NP25274811Listed by: ALT FINANCIAL NETWORK INC - New
$1,298,000Active4 beds 2 baths1,824 sq. ft.3096 Warren Lane, Costa Mesa, CA 92626
MLS# OC25270755Listed by: BERKSHIRE HATHAWAY HOMESERVICE - New
$3,850,000Active4 beds 4 baths3,562 sq. ft.1879 Tahiti Drive, Costa Mesa, CA 92626
MLS# 250045640SDListed by: COMPASS - New
$2,300,000Active3 beds 3 baths2,000 sq. ft.337 Vista Baya, Costa Mesa, CA 92627
MLS# PW25273805Listed by: SEVEN GABLES REAL ESTATE - New
$1,850,000Active3 beds 2 baths1,480 sq. ft.305 Nassau Road, Costa Mesa, CA 92626
MLS# NP25272652Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New
$1,275,000Active3 beds 2 baths1,769 sq. ft.810 Congress, Costa Mesa, CA 92627
MLS# OC25272581Listed by: MAXIM REALTY GROUP - New
$89,999Active1 beds 1 baths2060 Newport Blvd, Costa Mesa, CA 92627
MLS# OC25273558Listed by: WESTERN STATES FINANCIAL - New
$1,500,000Active2 beds 4 baths2,073 sq. ft.637 Cardiff Reef, Costa Mesa, CA 92627
MLS# CRNP25272565Listed by: BERKSHIRE HATHAWAY HOMESERVICE