994 Valencia Street, Costa Mesa, CA, 92626

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$3,385,000
21 Days On Site

994 Valencia Street
Costa Mesa, CA 92626

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
5,267
SqFt
$643
/SqFt
1964
Built
Subdivision:
Mesa Del Mar
County:
Orange
Listed by John Allen of Seven Gables Real Estate johnclydeallen@gmail.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

994 Valencia Street994 Valencia Street994 Valencia Street994 Valencia Street
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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.

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Listing Snapshot
Price 
$3,385,000
Days On Site 
21 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,267 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1542 Acres
Year Built 
1964
MLS® Number 
OC25221298
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1542
Disclosures 
AccessoryDwellingUnit
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AssignedGarageGarage Faces Rear
Parking Spaces 
4
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5267
Style 
Modern
Utilities 
Electricity ConnectedNatural Gas ConnectedWater Connected
Water Source 
Public
Zoning 
R-3
Interior Features
Appliances 
Convection OvenDishwasherDisposalMicrowave
Cooling 
DualWall/Window Unit(s)
Electric 
220 Volts in Kitchen220 Volts in Laundry
Fireplace Features 
None
Flooring 
Vinyl
Heating 
CentralDuctless
Interior 
Granite Counters
Laundry Features 
Common AreaInsideOutside
Window Features 
BlindsScreens
Kitchen 
Living Room 
Master Bathroom 
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Exterior Features
Construction Details 
FrameGlass
Exterior 
LightingRain Gutters
Fencing 
BlockPrivacy
Lot Features 
Rectangular Lot
Pool Features 
None
Road Frontage 
City Street
Roof 
Shingle
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Windows/Doors 
BlindsScreens
Community Features
Building Access 
Street
Community Features 
GolfPark
Financing Terms Available 
1031 Exchange
MLS Area 
C1 - Mesa Verde
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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