Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    8

  • Construction Materials

    Stucco

  • Other Exterior Features

    Rain Gutters

  • Parking

    Garage

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.3

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $4,800,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    41

  • Water Source

    Public

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Location

County

Orange

Elementary School

Middle School

High School

Listing Courtesy of Andre White , Pacific Sotheby's Int'l Realty

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We are proud to present 1010–1016 Valencia Street, a rare side-by-side offering of two 4-unit apartment buildings with separate APNs, located in the heart of Costa Mesa—one of Southern California’s most desirable coastal housing markets. This turnkey multifamily investment consists of eight fully rented 3-bedroom, 2-bathroom units, offering a strong blend of immediate income and long-term upside. The property sits on a 13,068 square foot lot and includes 9,340 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 eight single-car garages and six 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. The owner is open to selling the buildings separately or as a package, offering flexibility to investors looking for stable, high-performing assets in a supply-constrained coastal market. This is an excellent opportunity to acquire a well-maintained, income-generating property in a prime Costa Mesa location.

1010 1016 Valencia Street

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