Active

970 Valencia Street

Costa Mesa CA, 92626

$3,450,000


$526.88 per sqft

Active

6,548 sqft

Condos

Built in 1964

Listed by Ramin Favakehi with Ramin Favakehi, Broker 949-929-2630

Located in Mesa Del Mar, West of Costa Mesa, 6 turnkey units 5 of which has central AC systems on a 9583 sq. ft. corner lot. The unit mix is a combination of One 3 BD/2.5 BA , Four 2 BD/ 2 BA, and one 1 BD/1 BA. Four of the units are townhouse style with their own private patios. These units are spacious and well designed featuring a large outdoor landscaped entertainment area for residence to enjoy. Additionally, there are a total of 8 garages for use as an amenity to the tenants coupled with additional storage areas. All units have been renovated, new roof and exterior paint. Excellent rental location and low vacancy rates with ability to increase rents.This building has 6 electric meters, 6 gas meters and 1 water meter. Landlord pays for common area expenses which include water trash services. All tenant specific units are separately metered for electricity and gas. Strategically located near numerous amenities, close to beaches, South Coast Plaza, Disneyland , 73 toll road, 55, 5, 22, and 405 freeways.

OC23170012

MLS ID

September 11, 2023

Listed

February 21, 2025

Updated

Interior Features

Total Stories

2


Laundry Description

Washer Hookup, Gas Dryer Hookup, Inside


Floor Description

Carpet, Vinyl


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

Public Sewer

Other Property Details

Area Name

C4 - Central Costa Mesa


Days on Market

137


Garage

Yes


Garage Spaces

8


Parking Total

8


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Utilities

Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Listing Contact: 949-929-2630 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/21/2025 at 6:36 PM UTC

 

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