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994 Valencia Street, Costa Mesa, CA 92626

Costa Mesa
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
994 Valencia Street,Costa Mesa, CA 92626
$3,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: john allen, brendon guichet
Office: seven gables real estate
MLS#:OC25221298
Source:CRMLS

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Price summary

  • Price:$3,250,000

About this home

Offered at $3,385,000, this 6-unit multifamily property in Costa Mesa provides a strong turn-key opportunity in a supply-constrained market. Originally constructed in 1964 as a 4-plex, the building was expanded in the past year with the addition of two brand-new ADUs completed in 2025. The property now totals 5,267 SF and has been extensively renovated with over $750,000 in recent improvements, including modern unit interiors and durable finishes. The unit mix includes studio, one-, two-, and three-bedroom layouts, designed to capture a wide range of tenant demand. With current rents already strong and additional upside available, investors can benefit from both immediate income and long-term appreciation. Located near South Coast Plaza, The Camp, and major transportation corridors, the property combines stable tenant demand with proven rental performance, making for a strategic investment in a highly sought-after Orange County submarket.

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Home facts

  • Year built:1964
  • Listing ID #:OC25221298
  • Added:162 day(s) ago
  • Updated:March 05, 2026 at 07:16 AM

Rooms and interior

  • Flooring:Vinyl
  • Kitchen Description:Convection Oven, Dishwasher, Disposal, Microwave

Heating and cooling

  • Cooling:Dual, Wall Window Units
  • Heating:Central, Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1964
  • Lot Features:Rectangular Lot
  • Architectural Style:Modern
  • Construction Materials:Frame, Glass
  • Exterior Features:Lighting, RainGutters
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,250,000

Features and amenities

  • Appliances:Convection Oven, Dishwasher, Disposal
  • Laundry features:Inside, Outside
  • Amenities:Granite Counters, Koi Pond, Rain Gutters
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