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994 Valencia Street
Costa Mesa, California 92626
Orange CountyCommunity: Other (OTHR)
$3,385,000
10 br, 9.0 bath
5267 sq. ft.
0.154 acres
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. 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.
Interior:
- Bedrooms: 10
- Baths: 9.0
- Sq Ft: 5267
- Year Built: 1964
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Central, Ductless (Heating)
- Garage: Assigned, Garage
Exterior:
- Lot Size: 0.154 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Frame, Glass
- Roof: Shingle
- MLS #: OC25221298
Contact Information:
Listing Agent: John Allen, House of Seven Gables Real Estate Inc., 714-651-9706, 714-500-3300
Listing Site, Listing Status: Active Under Contract
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6654380
Viewed 77 times.
Updated: Sep 29, 2025

