985 Valencia Street, Costa Mesa, CA 92626 (MLS # NP24014850)

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PRICE $2,099,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,062 sqft
LOT SIZE 6,534 sqft

Welcome to 985 Valencia Street four-unit apartment community, built in 1964, it is comprised of a fantastic unit mix of (1) 3- Bedroom/2.5-Bathroom 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 can access a lush community courtyard and (6) single-car garages. There is also acommunity laundry room for tenants to use. This is the perfect asset for an investor looking for a turnkey property with a solid rental 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 not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

DAYS ON MARKET 36 LAST UPDATED 2/2/2024
TRACT Mesa Del Mar YEAR BUILT 1964
COMMUNITY South Coast Metro GARAGE SPACES 6.0
COUNTY Orange STATUS Conditional
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA South Coast Metro
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Assigned, Yes
HEAT Wall Furnace
HOA DUES 0
LOT 6534 sq ft
LOT DESCRIPTION 2-5 Units/Acre
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Mesa Del Mar
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Gould Group Inc

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2/28/24 9:53 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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