1016 Valencia Street, Costa Mesa, CA 92626
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
1016 Valencia Street,Costa Mesa, CA 92626
$2,395,000
- 12 Beds
- - Baths
- 4,670 sq. ft.
- Multi-family
- Active
Listed by: andre white, john cain
Office: pacific sotheby's int'l realty
MLS#:CRNP25257489
Source:CA_BRIDGEMLS
Price summary
- Price:$2,395,000
- Price per sq. ft.:$512.85
About this home
We are proud to present 1016 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. This is an excellent opportunity to acquire a well-maintained, income-generating property in a prime Costa Mesa location.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:CRNP25257489
- Added:64 day(s) ago
- Updated:January 15, 2026 at 05:49 PM
Rooms and interior
- Bedrooms:12
- Living area:4,670 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1964
- Building area:4,670 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$2,395,000
- Price per sq. ft.:$512.85
New listings near 1016 Valencia Street
- New
$1,675,000Active6 beds -- baths2,784 sq. ft.1367 Baker, Costa Mesa, CA 92626
MLS# CRNP26007819Listed by: R L M EQUITIES - Open Sat, 1 to 4pmNew
$965,000Active2 beds 2 baths1,044 sq. ft.1741 Tustin Avenue #11A, Costa Mesa, CA 92627
MLS# LG25274085Listed by: COMPASS - Open Sat, 1 to 4pmNew
$1,555,000Active3 beds 2 baths1,402 sq. ft.1657 Texas, Costa Mesa, CA 92626
MLS# OC26003153Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New
$1,499,900Active4 beds 2 baths1,982 sq. ft.946 Goldenrod, Costa Mesa, CA 92626
MLS# DW26008423Listed by: CENTURY 21 ALLSTARS - New
$1,499,000Active4 beds 2 baths1,557 sq. ft.2913 Jacaranda Avenue, Costa Mesa, CA 92626
MLS# CRNP26003701Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New
$2,450,000Active4 beds 3 baths2,228 sq. ft.2853 Boa Vista, Costa Mesa, CA 92626
MLS# CROC25281368Listed by: GATEHOUSE PROPERTIES - Open Fri, 1 to 2pmNew
$1,280,000Active2 beds 4 baths1,961 sq. ft.1532 Maxwell Way, Costa Mesa, CA 92627
MLS# OC25275733Listed by: KASE REAL ESTATE - Open Sat, 1 to 4pmNew
$1,698,000Active3 beds 4 baths2,093 sq. ft.620 Cardiff Reef, Costa Mesa, CA 92627
MLS# OC25273548Listed by: KELLER WILLIAMS REALTY IRVINE - New
$975,000Active2 beds 2 baths1,320 sq. ft.2400 Elden #12, Costa Mesa, CA 92627
MLS# OC26004841Listed by: KELLER WILLIAMS REALTY - New
$1,329,000Active4 beds 2 baths1,429 sq. ft.3012 Garfield, Costa Mesa, CA 92626
MLS# CRPW25280971Listed by: TORELLI REALTY