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1016 Valencia St
Off-Market Call for Pricing
Call for Pricing
- 4 Units
- Unknown Sq Ft
- 6,534 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,395,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 14166410 |
| MLS # | NP25257489 |
| Property ID | 322343106 |
| Lot Sqft | 6,534 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 85 |
| Original List Price | $2,395,000 |
| Date Updated | February 02, 2026 |
| Date Created | November 10, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Andre White an agent of Pacific Sotheby's Int'l Realty. Lic #01873658
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT