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985 Valencia Street, Costa Mesa

$2,099,000 - $2.1M Price - 6 Beds - 7 Baths - 8 DOM

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.

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Essential Information

For 985 Valencia Street, Costa Mesa
  • MLS® # NP24014850
  • Sold Price $1,936,000
  • Bedrooms 6
  • Bathrooms 7.00
  • Acres 0.15
  • Year Built 1964
  • Type Residential Income
  • Sub-Type Quadruplex
  • Status Closed
  • Date Closed 2024-03-28

Community Information

For 985 Valencia Street, Costa Mesa

Amenities

For 985 Valencia Street, Costa Mesa
  • Parking Spaces 7
  • Parking Assigned
  • # of Garages 6
  • Garages Assigned
  • View None
  • Pool None

Interior

For 985 Valencia Street, Costa Mesa
  • Heating Wall Furnace
  • Cooling None
  • Fireplaces None
  • # of Stories 2
  • Stories Two

Exterior

For 985 Valencia Street, Costa Mesa
  • Lot Description 2-5 Units/Acre

Additional Information

For 985 Valencia Street, Costa Mesa
  • Date Listed January 24th, 2024
  • Days on Market 8

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985 Valencia Street Costa Mesa MLS® #NP24014850

You are viewing the for at 985 Valencia Street with the MLS® NP24014850 on Previewochomes.com. This at 985 Valencia Street, . 92626 is located in the Mesa Del Mar subdivision and is currently for featuring and listed for sale at $2,099,000. This for at 985 Valencia Street with the MLS® # NP24014850 has been listed since 2024-01-24.

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Price Change History for 985 Valencia Street, Costa Mesa, (MLS® #NP24014850)

Date Details Change
Status Changed from Pending to Closed
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract

Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 6:20am PDT. 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, 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 Listed By: Nick Gould of Gould Group Inc