1033 Valencia St - Apartments FOR SALE


Costa Mesa, CA 92626- Westside Costa Mesa
$2,475,000 USD
949-500-5099
1033 Valencia St, Costa Mesa, CA for Sale
$2,475,000 USD
Apartments - FOR SALE
1/7
null | 4.34% Cap Rate

1033 Valencia St
Costa Mesa, CA 92626
Westside Costa Mesa


HIGHLIGHTS

  • Desirable Mesa Del Mar Fourplex
  • All 3-Bedroom/2-Bathroom Units
  • Well Maintained Interiors & Exterior, New Roof in 2023
  • Community Courtyard, Garages & Onsite Laundry
  • Minutes to South Coast Plaza, OC Museum of Arts, Segerstrom Center, Shopping & Restaurants
  • Easy Access for Commutes via the 405, 55 and 73 Freeways

OVERVIEW

This is a rare opportunity in the heart of Costa Mesa, CA. The property is a 4,671 SF fourplex featuring four generously sized 3-bedroom/2-bathroom units. Elegantly built in 1964, this property has undergone recent interior and exterior renovations, ensuring a modern and inviting living experience for tenants. The community courtyard provides a tranquil outdoor space, while the inclusion of garages and on-site laundry facilities adds convenience for residents. Situated near major freeways such as the 405, 55, and 73, this multifamily gem offers easy access for commuters. This meticulously maintained property presents an enticing investment opportunity in the thriving Costa Mesa area.

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$530 USD /SF

# OF UNITS

4

PRICE/UNIT

$618,750

CAP RATE

4.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,708 SF

ZONING

-

APN/PARCEL ID

141-665-03

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.