Costa Mesa, CA 92626,999 Valencia ST
Costa Mesa, CA 92626,999 Valencia ST
Costa Mesa, CA 92626,999 Valencia ST
11
$1,974,000
$1,999,000
1.3%
Est.Price: ?

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6,534 Sqft Lot

999 Valencia ST Costa Mesa, CA 92626

Est. payment /mo
SOLD DATE : 06/26/2024

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Key Details

Sold Price $1,974,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Mesa Del Mar

MLS Listing ID NP24104655

Sold Date 06/26/24

HOA Y/N No

Year Built 1964

Lot Size 6,534 Sqft

Property Description

Welcome to 999 Valencia Street, a four-unit apartment community, built in 1964. It is comprised of a fantastic unit mix of (1) 3- Bedroom/2.5-Bathroom Townhouse 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 have access to 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 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 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 C1 - Mesa Verde

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Assigned

Garage Spaces 6.0

Garage Description 6.0

Fence Block

Pool None

Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N No

View None

Roof Type Composition

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 14166516

Energy Description 1500.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nick Gould • Gould Group Inc • ng@gouldgroupinc.com
Bought with Tom Monarch • EHM Real Estate, Inc.

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JT Contrestano

Broker Associate | License ID: 01920263

+1(559) 360-2931

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