$ 3,385,000
-
$3,385,000
Price -
10
Bed -
9
Bath -
5,267
SqFt
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About the Listing H894 - OCALLEJOH,OCGUICBRE
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.
Listing Highlights for 994 Valencia St
Status
Pending
Days on Site
32
Property Type
Multi-Family
MLS ®
OC25221298
Year Built
1964
Total Square Footage
5,267
Lot/Acreage
0.15
Interior Details
- Bedrooms: 10
- Bathrooms: 9 Full
- Appliances: Convection Oven, Dishwasher, Disposal, Microwave
- Air Cond: Dual,Wall/Window Unit(s)
- Heating: Central,Ductless
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters
- Water: Public
Exterior Details
- Lot Description: 21-25 Units/Acre,Rectangular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: R-3
- Roof: Shingle
- Others: Lighting,Rain Gutters,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Garage,Garage Faces Rear,Garage - Single Door
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 14166431
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
994 Valencia St Costa Mesa, CA 92626
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