Costa Mesa, CA 92626,985 Valencia ST
Costa Mesa, CA 92626,985 Valencia ST
Costa Mesa, CA 92626,985 Valencia ST
13
$2,099,000
Est.Price: ?

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6,534 Sqft Lot

985 Valencia ST Costa Mesa, CA 92626

Est. payment /mo
SOLD DATE : 03/28/2024

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Mesa Del Mar

MLS Listing ID NP24014850

Sold Date 03/28/24

HOA Y/N No

Year Built 1964

Lot Size 6,534 Sqft

Property Description

Welcome to 985 Valencia Street four-unit apartment community, built in 1964, it is comprised of a fantastic unit mix of (1) 3- Bedroom/2.5-Bathroom unit, (1) 2-Bedroom/1.5-Bathroom Townhouse unit, (1) 1-Bedroom/1-Bathroom unit, and (1) Studio unit. All units have been completely renovated over the last four years with tenants paying near-market rents. Tenants can access a lush community courtyard and (6) single-car garages. There is also a
community laundry room for tenants to use. This is the perfect asset for an investor looking for a turnkey property with a solid rental income.

The property's strategic location ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

Location

State CA

County Orange

Area C3 - South Coast Metro

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 6.0

Garage Description 6.0

Fence Wood

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 7

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 14166519

Energy Description 1500.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nick Gould • Gould Group Inc
Bought with Ramsey Oliveras • RE/MAX Estate Properties

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