Property Details
About this Property
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 looking
MLS Listing Information
MLS #
CRNP25129812
MLS Source
California Regional MLS
Days on Site
50
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Garage, Parking Area, Garage: 8 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Andre White
Pacific Sotheby's Int'l Realty
License #: 01873658
Phone: –
Co-Listing Agent
John Cain
License #: 01467294
Phone: (949) 478-7772
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1010 1016 Valencia St is a Residential Income in Costa Mesa, CA 92626. This – square foot property sits on a 13,068 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,800,000 and was built in 1964. This address can also be written as 1010 1016 Valencia St, Costa Mesa, CA 92626.
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Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of June 20, 2025. For the most current information, please contact Andre White
