1010 Valencia Street, Costa Mesa, CA 92626

  • $2,395,000
1010 Valencia Street, Costa Mesa, CA 92626
Active Updated/Remodeled
1010 Valencia Street, Costa Mesa, CA 92626
1010 Valencia Street, Costa Mesa, CA 92626
  • $2,395,000

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.

  • Address 1010 Valencia Street
  • City Costa Mesa
  • State/county CA
  • Zip/Postal Code 92626
  • Area Other
  • Country US

Details

Updated on August 28, 2025 at 9:36 pm
  • Property ID: NP25194291
  • Price: $2,395,000
  • Property Size: 4670 Square Feet
  • Land Area: 0.15 Acres
  • Garages: 4.0
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

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